GODFREY PHILLIPS Share Trend Analysis
July 22, 2021
Godfrey Phillips is a well known & one of the largest FMCG Company. During FY20 company sales of cigarettes product increase by 9.7%. Top most cigarettes brands of the company are Four Square, Red & White, Cavanders etc.
On Daily timeframe stock is making a wedge pattern & trying to break it since Apr 20. It has given a breakout with good volume in July 21 & today re-tested the same.
Expecting a good move from here onwards & risk reward expecting of 2:10 based on technical analysis.
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
This was just for educational purpose only & not recommending to BUY/SELL of any Script.
July 22, 2021
Godfrey Phillips is a well known & one of the largest FMCG Company. During FY20 company sales of cigarettes product increase by 9.7%. Top most cigarettes brands of the company are Four Square, Red & White, Cavanders etc.
On Daily timeframe stock is making a wedge pattern & trying to break it since Apr 20. It has given a breakout with good volume in July 21 & today re-tested the same.
Expecting a good move from here onwards & risk reward expecting of 2:10 based on technical analysis.
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
This was just for educational purpose only & not recommending to BUY/SELL of any Script.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.