This evergreen stock from the FMCG Sector listed in India is not just on the verge of a breakout after seven years but also building optionalities that can surprise us on the upside.
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✅ Weekly Closing close to 52-Week High
✅ Stock up close to 40% in the last couple of weeks
✅ Verge of the multi-year breakout
✅ FMCG sector
🤞~ Every green sector
🤞-...
enter @cmp with 10/20 quantities... any dip to marked levels is golden buying opportunity. manage positions accordingly. target is open and may see 5k mark.Positional stock..
got @ 2221.10
stop loss : 2034
target: 2574
NOT SEBI registered , do your own analysis before taking trades , this trade is only for educational purpose
GODFREY PHILLIPS price range break out after years - stock is rocketing and good buying is observed with substantiating volumes since it ran so much might consolidate a bit before further move ,, keep watching the stock for the opportunity to take entry
Up from Apr'21 to Oct'21 met supply at 1325
Demand re-appeared at 925 in Feb'22
Plan -
to Purchase Breakout above 1350
or, rejection indications near 900
PB 2x
PE 15x
DE 0.13x
ROCE 17%
Div 2%
1 = Stock has broke important trendline
2 = given breakout on weekly time frame
3 = stock is above moving averages
4 = stock has good buying volumes
our analysis is for educational purposes only
Godfrey Phillips Looking Very Good On Chart
Its Cosnsolidate Period Is More Than 2015-2022 Now Looking Very Nice To Break Uper Level. If Break And Retaste Then Enter And Captured Verry Good Movement.
#THECHARTREADER
The idea here is about Godfrey Phillips:
Godfrey Phillips India Ltd. operates as a holding company. It engages in the manufacture and marketing of tobacco related products. The firm operates through the following segments: Cigarette, Tobacco and Related Products and Retail and Related Products. Its cigarette brands include Marlboro, Red & White, Cavanders, Four...
