GODREJCP Forming Multiple Bullish Patterns on Weekly Chart

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GODREJ CONSUMER PR (NSE:GODREJCP)

NSE:GODREJCP GODREJ CONSUMER PR

trendanalysis chartpattern invertedheadandshoulders cupandhandlepattern weeklymarketsanalysis weekly godrejcp godrejcplong

GODREJCP is forming Inverted Head & Shoulders and Cup and Handle patterns on the weekly chart. The chart is also showing bullish strength after consuming the selling pressure that since the 12 May Marubozu candle. It appears the stock can breakout from here toward its all time highs of 980.