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...
6 month range breakout 3 month double top breakout near by life time high Share name GODFREY PHILLIPS expecting given 30% return in next few month track and get the advantage
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
buy godfrey philips with the target of 2300, 1530 stop loss 1050 thanks