Stock Radar: Godrej Properties almost doubles in 1 year! Should you buy or book profits?

Godrej Properties stock soared over 97% in a year, reaching a new high of Rs 3,112 on June 19, 2024. This impressive momentum has been fuelled by a broadening Rising Wedge formation, a positive indicator for further gains. The broadening rising wedge is shaped like an expanding triangle, with two upward-sloping trendlines that diverge over time.