2024-04-30 10:30:06 am | Source: Religare Broking Ltd
Stock of the day : Godrej Consumer products Ltd. For Target Rs.1285 - Religare Broking
Godrej Consumer Products Ltd.
* After the strong upmove, GODREJCP is witnessing price and time wise correction with positive bias.
* It has rebounded higher finding support near 50% retracement levels, which coincides with its short term moving average.
* Following price action and volume activity, price looks set to test its previous swing high.
* Traders can consider fresh longs in the mentioned range.
Buy Godrej Consumer products Ltd. CMP 1218.05 Range 1215-1220 SL 1190 Target 1285
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