Confined range movement Company is almost debt free. Company has a good return on equity (ROE) track record: 3 Years ROE 32.73% Company has been maintaining a healthy dividend payout of 54.62%
Ascending Triangle on Huge Support Positive View Only Above 6140 closing basis Target 7000 Long term 8000++
Gillette looks good buy at 5850 as it has not participated in the bull run yet 5100 5200 is good support zone target area 6200, 6600, 7200 and 7700 Follow Fib ratios for more targets
New idea update: Long time consolidation coming to end, it seems. Entry: Weekly close above 6200 SL: Below 5400 Target: 8100+ Time Horizon: 3-6 months
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.
MACD bullish cross RSI above 50 moving averages converging
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.
As the chart formation seen is the dow theory that means if the candles passes over the rectangular box it may lead into good rally for the stocks as we also sees it is taking a good support on 50EMA and another strong support at 5300 levels good to accumulate for taget of 6650 and if it sustains at there it may also reaches the levels of 7200 in span of 6 to 1...
Long term target 6970 8100 Pure Gold share, must buy
Buy Stock for 3 Months investment CMP 5500 for 500 Rupee move Investor No stop loss Trader 3% Stop Loss
Gillette at a great buy point. Has potential 7900-8000+ levels.
As we can see price is respecting trend line and also volume is decreasing with time. So price may shoot upside if price did not sustain below 5400 lvl.. so we can enter with small SL and for great reward of target 6600 level. Like and comment if you agree. Above analysis is for educational purpose.
Video Analysis of Gillette. Accumulate 5200-5500
Hey Traders, Found this Gillete chart at a potentilal level if it stables at this support we can expect a upward movement if it breaks down we can expect a bearish movement In both cases we have the opportunity to trade! Lets get ready...
The stock has been in an upward channel pattern. There is an area of confluence at CMP. Also the stock gave a golden crossover of 50+200 EMA Buy Level - CMP if going for an ambush entry or wait for bullish candle on a daily time frame on current level. Stop loss - 5495 Target 1 - 6206 For more targets kindly keep trailing Risk to Reward - More than...