GODFREY PHILLIPS Share Trend Analysis by THE DECISIVE
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.
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