R:R:R in Godfrey Phillips is doubtful bcos of abrupt pattern shown today. Technically, it has to come back to fill up the gap. Tomrw trade can trap traders again. If it holds 1925 then 1945 & 1975 will be in cards.
Averoy_Apoorv_Analysis
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@amitacharya2812, Check Greenlam, HBL power , If the breakout is very strong then it might not be an exhaustion gap
monkmaxims
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Amazing indepth analysis on Godfrey Phillips. the red candle gave pause to our thinking but the analysis was bold and informative. In hindsight, one can say they released excellent results but then price action reaction is never easy to gauge. Great work by you as always...