TradingView
Munish_Jain
Dec 15, 2023 7:48 AM

GODREJIND | Multiyear Breakout Long

GODREJ INDUSTRIESNSE

Description

📊 DETAILS
Sector: Diversified Chemicals
Mkt Cap: 22,930 cr

Godrej Industries is one of the holding companies of Godrej Group. It is one of the leading manufacturers of oleochemicals on a standalone basis.

TTM PE : 26.05 (Average PE)
Sector PE : 62.36
Beta : 0.78

📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

6.68% away from 52 week high
Underperformer - Godrej Industries up by 2.13% v/s NIFTY 50 up by 8.41% in last 1 month

📈 FINANCIALS
Piotroski Score of 5/9 indicates Average Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/

Trade active

Trade active

Comment

Trailing stoploss - 660

Comment

Trail stoploss - 699

Trade closed: target reached

Pinpoint

Trade active

Comment

Trail SL to 799
Comments
Sunil_M_Kumar
Hey Munish, entry at this level is possible? I know it's not a financial advice.
Munish_Jain
@Sunil_M_Kumar, Hey Sunil. I would suggest you wait for a retracement. SL should be considered before the target. you can enter on a bearish day
Sunil_M_Kumar
@Munish_Jain, Sure, thanks for the headsup
More