Godrej Consumer Products - Buy
GODREJCP - Analyzing the chart...
1. Future Cloud is Bullish
2. Slope of Senkau Spans, Kijun Sen and Tenkan Sen all are upwards
3. Stock has shown a fresh breakout from 3-4 months long trading range
Actions Suggested:
A. Buy with stop loss of Rs. 750.
B. Exit if today's close is back in range.
C. Target of Rs. 850, over and above this levels a trailing stop loss of Rs. 50 can be kept.
Note - Material is only for educational purposes, assess your risk and enter position. We recommend only cash positions for the scrip.
If you benefit from our material, please donate 1% of profits towards education of poor children.
1. Future Cloud is Bullish
2. Slope of Senkau Spans, Kijun Sen and Tenkan Sen all are upwards
3. Stock has shown a fresh breakout from 3-4 months long trading range
Actions Suggested:
A. Buy with stop loss of Rs. 750.
B. Exit if today's close is back in range.
C. Target of Rs. 850, over and above this levels a trailing stop loss of Rs. 50 can be kept.
Note - Material is only for educational purposes, assess your risk and enter position. We recommend only cash positions for the scrip.
If you benefit from our material, please donate 1% of profits towards education of poor children.
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