MTECHTIPS:- GODREJIND:- GODREJIND is in HOLD LONG position Share has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 616.7 with stop at 582.7 The GODREJIND is now trading is approaching overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 88 % indicators.
Intraday trend-Buy is advised only above 616.7 with a stop at 604.4 Below 601.1 go for sell and put stop at 613.4 The intraday signal is BUY and it is supported by 73 % indicators.