A Good upside can be seen on this stock...After a good Correction from the top levels this stock is avaliable @good price! (from 6200 -5900 levels)
This a underperforming Stock in current Markets
Holding company:
P&G-75%
FII & DII- 13%
Rest- 12% (Out of which there are 4%/5% is with strong Players & rest 6/7 % with retail investors)
Technically:
Price Crossed 50...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Gillette, stock has not performed according to the monopoly it holds, now it is ready! Double bottom with volumes increasing near BO levels...targets for short term are mentioned. P.S - Delivery % is up 8times.
GILLETTE:- breakout above 6000 but u can accumulate till 5650 with Stop-loss 5470 DCB
for Target 6650,7000++
#Disclaimer:-I just shared view for only educational purpose.
Add Gillette in your watchlist as it has given breakout of it's long time trendline, although the candle appearing is red outside the trendline. We should wait for one good green candle, and check should not break it's 20 day EMA at 4922. Next immediate support at 4900, if it break then further downside possible. Supply zone is near 5500-5600.
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Swing trading opportunity on Gillette.
About to reach lower part of the overall ascending channel. Likely to get the buy setup at the trend line. Personally i will wait for a perfect retrace before entering.
High R/R!
Gillette produces a monthly breakout. After a consolidation for a period of 16 months, price broke out in April very strongly. Technically, the consolidation phase can be considered as a bullish continuation pattern i.e. Bull flag and that means a big uptrend is only about to begin. Technically speaking, potential for the upside is nearly 45%.
