GODREJPROP - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis – Godrej Properties Ltd. (GODREJPROP) IntraDay Trade Rating: 2.5

GODREJPROP isn’t displaying strong technical momentum today. Despite solid fundamentals like decent EPS and quarter-on-quarter PAT growth, intraday indicators reflect weakness and indecision. This setup favors risk-managed scalping or cautious observation rather than aggressive positioning.

🔍 Key Technical Snapshot

RSI (36.9) → Nearing oversold territory; could signal weakness or speculative bounce if price stabilizes.

MACD (-27.6) → Bearish crossover; suggests momentum loss.

Volume (7.5L vs Avg 9.5L) → Below average trading interest; tepid liquidity.

Price below both DMA50 (₹2,284) & DMA200 (₹2,357) → Clear short-term downtrend.

52W Index: 18.7% → Far from highs; recovery outlook not confirmed.

💸 Intraday Trade Setup

📌 Trade Component Suggested Levels (₹)

Buy Zone ₹2,148 – ₹2,155

Profit Target ₹2,165 – ₹2,180

Stop-Loss Level Below ₹2,138

🎯 Ideal entry is near ₹2,150 on signs of reversal — green candles, RSI bounce above 38, and MACD flattening. Avoid chasing strength without volume confirmation.

⏱ If Already Holding Today

Exit for Profit

Sell between ₹2,165–₹2,180 if RSI rebounds past 40 and MACD shows narrowing divergence.

Volume above 9L and sustained upward candles reinforce continuation.

Exit for Loss Protection

Exit below ₹2,138 if RSI slips below 35 and MACD steepens further.

Watch for fading volume and bearish engulfing formations near ₹2,150.

🧠 Final Word

GODREJPROP offers limited intraday edge today. With weak momentum and soft volume, trades should be nimble and tightly controlled. It’s best suited to quick scalpers who are comfortable operating in low-volatility zones. Prefer stronger price setups for directional trades? I’ve got some sector peers with hotter charts if you’re curious.

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