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Stock of the day : GODREJCP Ltd For Target Rs.1065 - Religare Broking
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GODREJCP Ltd
* The primary trend of the Godrejcp remains bullish, as its has been forming series of higher highs and lows.
* It has rebounded higher finding support around its previous resistance zone which coincides with 50 WEMA.
* Stock has registered a breakout from descending channel adding further positivity.
* We thus recommend creating fresh longs in the mentioned range
BUY GODREJCP Ltd CMP 1008.50; Range* 1006-1010 ; SL 980; Target 1065
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SEBI Registration number is INZ000174330
