GODREJCP has completed all phases of DownTrend , now is time for a "U" turn.
Entry : Strong Breakout-Closing Abv Blue Line
Stoploss : Lower end of channel drawn (Closing Basis)
Basic Target: 683 then trail
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NSE:GODREJCP
Only for education and information purpose. Should not be taken as a trading call
WE CAN GO SHORT AT D POINT
CHART BY HARMONIC LEARNING AND EARNING
AS DISCUSSED IN 09TH APRIL, POST DESPITE HIGH DELIVERIES (INDICATES CONFIDENCE IN THE COMPANY) THE CHART WAS SHOWING THERE WAS A FALL TO BE EXPECTED UP TO 620.
THIS PRICE IS REACHED.
AGAIN, THE DELIVERY RATIO HAS INCREASED TO 76%. VARIOUS BROKERAGE HOUSES ARE GIVING TARGETS OF 720+.
BUT, WHAT DO THE CHARTS TELL US?
DAY & WEEK CHART INDICATE THAT THE PRICE MAY...
Godrej Consumer Products Limited is an India-based company, which is engaged in the manufacture of personal and household care products. The Company's geographic segments include Within India and Outside India. It offers hair care products. The Company's Personal Care range of brands includes Cinthol, Grade 1 soap, protekt, Soft & Gentle, Cuticura, Mitu and Pamela Grant. Its home care range of brands includes Good knight, HIT, aer, Ezee and Stella. Its hair care range of brands includes Ilicit, Touch of Silver, Roby and Renew. The Company focuses on regions, including India, Asia, Africa and Latin America. The Company offers a range of products in India, which include household insecticides, such as aerosols, liquid vaporizers, coils and mats; hair colors; soaps and air fresheners. Its protekt range of products consist of approximately three hand washes, a hand sanitizer and a personal mosquito repellent spray, including instant foam hand wash and alcohol-free sanitizer.
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GODREJCP
