Stock Market Today Live, July 8: Stock to buy today: Godrej Properties (₹2,040.05)

Sensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 8th July 2026.

The stock of Godrej Properties has been steadily rallying over the last month. Last week, it broke out of a key resistance level at ₹1,930, indicating strong bullish momentum.

Going ahead, the price is likely to decline, possibly to ₹1,970. The correction might extend to ₹1,930. Either way, the stock is likely to resume the rally from the ₹1,970-1,930 price region. Once the uptrend resumes, the stock can appreciate to ₹2,500 over the medium term.

Therefore, participants can buy the stock now at ₹2,040 and accumulate at ₹1,970. Place a stop-loss at ₹1,870. When the price rises to ₹2,275, raise the stop-loss to ₹2,175. Tighten the stop-loss further to ₹2,320 when the stock touches ₹2,400. Book profits at ₹2,500.

(Note: The recommendations are based on technical analysis. There is a risk of loss in trading.)

Comments

Published on July 8, 2026