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LKP Spade, Weekly Pick - Godfrey Phillips India Ltd For Target Rs.1230 - LKP Securities
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Godfrey Phillips India Limited
* The stock after a steep correction is witnessing fresh momentum around the previous demand zone 1070-1050 levels.
* The stock has surpassed its 200DMA in today's trading session with decisive volumes indicating the resumption of an uptrend.
* The momentum oscillators are showing signs of reversal on the lower time frame which confirms the up move.
Godfrey Phillips India Ltd BUY @ Rs. 1120-1110 Stop Loss Below Rs. 1059 CB Target Rs. 1230 Duration 1 Week
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