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Stock of the day : Godrej Consumer Products Ltd For Target Rs. 1590 - Religare Broking
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Godrej Consumer Products Ltd
* GODREJCP has been in a strong uptrend and currently trading at the record high levels.
* It has been forming a base-on-base pattern while holding above its short moving average, highlighting accumulation by stronger hands.
* It has witnessed a fresh breakout from the elevated base surpassing the previous resistance zone.
* The price action and buoyancy in FMCG space highlights the bullish tone to continue in the stock.
Buy Godrej Consumer Products Ltd CMP 1516.70 Range 1515-1518 SL 1475 Target 1590
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SEBI Registration number is INZ000174330
