GODREJCP is putting in a major REVERSAL here.
TIME CYCLES have already indicated a trend reversal but PRICE is yet to conform that.
For PRICE conformation we need a lower low below 997 on cash, once that happens, it would signal a major breakdown.
It is likely to be a medium term reversal which could last for several months.
BELOW 997 it should test 964 and 934 in near term.
SQUARE;OF;9 structure is also turning here which is signaling the test of 900 in few weeks.
