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By EquityPandit

GODREJPROPMARKET OUTLOOKSTOCK OUTLOOK

Godrej Properties Outlook for the Week (August 14, 2023 – August 18, 2023)

Godrej Properties closed the previous week on a negative note losing 3.56%.

Technically, Godrej Properties share price will see immediate support at 1,499.63 and immediate resistance would be seen at 1,555.63.

If Godrej Properties share price closes below immediate support of 1,499.63, then sharp breakdown can be seen. Godrej Properties share price will see major support at 1,479.32 for the week.

1800.001800.001750.001750.001700.001700.001650.001650.001600.001600.001550.001550.001500.001500.001450.001450.00Jul 4Jul 4Jul 7Jul 7Jul 12Jul 12Jul 17Jul 17Jul 20Jul 20Jul 25Jul 25Jul 28Jul 28Aug 2Aug 2Aug 7Aug 7Aug 10Aug 10Aug 16Aug 16Reversal Level 1571.24BuySellSell

On the positive side, immediate resistance will be seen at 1,555.63. Closing above 1,555.63, Godrej Properties share price will see a sharp breakout. Major resistance for Godrej Properties share price will be seen at 1,591.32 for the week.

Trading range for Godrej Properties share price for this week should be between 1,443.63 on down side and 1,611.63 on up side.

Godrej Properties Previous Week High: 1571

Godrej Properties Previous Week Low: 1515

Godrej Properties Previous Week Range: 56 Points

Godrej Properties share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 1,611.63
Resistance 2 1,591.32
Resistance 1 1,555.63
Support 1 1,499.63
Support 2 1,479.32
Support 3 1,443.63

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