GODFRYPHLP: Short term view- BullishMonthly and weekly indicators are showing positive signals. Daily and Monthly MACD crossover candidate.
R.K.Vijayaraghavan,
RKV Fin,
Kovilpatti.
GODFRYPHLP trade ideas
Godfrey Philip - Breakout from consolidation zoneGodfrey Philip was consolidating since couple of month. Today it has given breakout with a strong candle
Godfrey phillip range break.Simple 1.5 year old consolidation.
Now stock has formed smaller range below the upper end of the range.
Increased volume activity since few weeks.
Longer the consolidation more powerful is the breakout.
Godrey Philips Given Breakout above 1034 Monthly bullish Point
Any pull back near 1034 to be bought into
with a stop tad below the redline...
trading levels marked.
Godfrey Philips - Breakout viewGodfrey Philips :
Trendline Breakout done and currently retesting
Long above 1090 with SL 1070
Longer the Consolidations Stronger the BreakoutNice consolidation above the 200-day average. When breakout takes place I will be take positions . I always used 200 day moving average as a trend filter.
GODFREY PHILIPS 1 YEAR LONGGodfrey Philips, A company with a good fundamentals and unique niche.
The price has broken it's range 3rd time.
Entry will be initiated with the volume buying initiating at rectangle.
1 Year target 2400.
GOD FRY PHILLIPSPRICE IS TRYING TO BREACH THAT RESISTANCE LEVEL...IF IT BREAKS ANS SUSTAINS..GOOD MOVE WILL COME...FOR LEARNING GOOD TO OBSERVE...
GODFREY PHILLIPS Share Trend Analysis by THE DECISIVEGODFREY PHILLIPS Share Trend Analysis
July 22, 2021
Godfrey Phillips is a well known & one of the largest FMCG Company. During FY20 company sales of cigarettes product increase by 9.7%. Top most cigarettes brands of the company are Four Square, Red & White, Cavanders etc.
On Daily timeframe stock is making a wedge pattern & trying to break it since Apr 20. It has given a breakout with good volume in July 21 & today re-tested the same.
Expecting a good move from here onwards & risk reward expecting of 2:10 based on technical analysis.
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
This was just for educational purpose only & not recommending to BUY/SELL of any Script.
Godfrey Phillips India LimitedIt's Give Clear Cup And Handle Breakout And Cross 50 DEMA TO 200 DEMA. So Best Time To Buy.. 10% Upside In short term.
Godfrey Philips Cmp 972 dated 24.6.2021Godfrey Philips Cmp 972 dated 24.6.2021
1. Inverted Head & Shoulder Pattern breakout @
above 980.
2. High volumes.
Buy above 980 for a tgt of 995-1015-1050-1075-
1100 SL 935
It is just a view, pls trade at your own risk.
Godfrey Philips View - Resistance BreakoutGodfrey Philips :
Trendline and resistances(s) breakout
Sustaining 990 is crucial fo upmove
Support at 975
Godfrey Phillips India LimitedGodfrey Phillips India Limited is ready to give BO if it closes above 978.
Positional trade: inverted head & shoulder at supportbuy at cmp and add in dips till 925
stoploss 880
target - 990, 1050
fresh breakout above 1100 which can take this towards 1200 and 1400 in long term.
Godfrey Philips Cmp 936.05 dated 4.6.2021Godfrey Philips Cmp 936.05 dated 4.6.2021
1. Triangle breakout @ 940
2. Flag Pattern breakout @ 920
Buy for a tgt of 985-1035 SL 900
It is just a view, pls trade at your own risk.
GODFRYPHLPAs you can see price breaks channel and taking same support..
Also if you watch on weekly chart you can see volume is lowering and price reacting from trend line giving good signal.
So you can enter in stock with small SL and great reward.
Correct me if anything missed by me..
Thank you
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Above analysis is for educational purpose..
