Godrej Consumer – Reversal & Breakout Setup Near ₹1,100 ZoneGodrej Consumer Products LimitedNSE:GODREJCPnandupkThe price has shown a gradual recovery after a downtrend and is currently trading around the ₹1,090–₹1,110 zone. The recent price action indicates consolidation near resistance, suggesting a potential breakout if momentum continues. The key demand/support zone lies near ₹1,039 – ₹1,060, which can act as a base on pullbacks. Trade Plan Entry Zone: ₹1,080 – ₹1,110 (on consolidation or breakout above ₹1,110) Stop Loss: ₹1,039.50 (below key demand zone / invalidation level) Primary Targets: ₹1,166.55 (near-term resistance level) ₹1,293.05 (major resistance level) ₹1,356.90 (extended target) ₹1,419.50 – ₹1,420.80 (final target if momentum continues) Chart Observations • Price is forming higher lows, indicating early bullish structure. • The ₹1,039 – ₹1,060 zone is acting as a strong demand area. • Current price action near ₹1,100 suggests a breakout setup. • ₹1,166 is the immediate resistance where price may face selling pressure. • A breakout above ₹1,166 can push the price toward ₹1,293 and higher levels. • Recovery structure indicates accumulation after a downtrend. Notes • This is a reversal + breakout setup — confirmation above ₹1,110 is important. • The stop loss at ₹1,039.50 helps manage downside risk effectively. • Traders may consider partial profit booking near ₹1,166 and trail positions for higher targets. Disclaimer This idea is for educational purposes only and not financial or investment advice. Markets are volatile and conditions can change quickly. Always do your own analysis and apply proper risk management before taking any trades.