Godfry Very good breakout of the falling pattern and with that can take a trade and make a target of ath and keeping below support level as a SL as earning are on head
GODFRYPHLP trade ideas
GODFREY PHILLIPSSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
NSE:GODFRYPHLP - 🚬 ➕🏪➕🍭 can it create a magicThis 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.
👍
✅ 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
🤞- Optionalities - Cloud kitchen (ready to eat)
🤞- Optionalities - Convenience store's growth
👎 💣
❎Promoter's credibility
❎ Sin Stocks
❎ Not in explosive growth
BSE:GODFRYPHLP
Godfrey Philipsenter @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..
GodfryphlpBuy abv 1408.
Target 1485, 1660, 1900.
Otherwise Buy at 1000rs range with the SL of 900rs.
GODFRYPHLPStock trading above 100 DMA as well as above 20℅ reverse from last 6 month Low ,
It's Bullish sing
GODFRYPHLP go long ifgot @ 2221.10
stop loss : 2034
target: 2574
NOT SEBI registered , do your own analysis before taking trades , this trade is only for educational purpose
Top level Life time High breaking life time High with hight valume so that give better returns in short duration
No recommendation for buy or sell
GODFRYPHAnyone watching GODFRYPH
?
CMP 2039.
Feels like if close above 2149 with above avg volume then it might be a super performer,
GODFREY PHILLIPS range break out 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
GODFRYPHLP - Has held in 625-1325 for 7 YearsUp 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%
Stock to watch1 = 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 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
Godfrey Phillips Possible BreakoutThe 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 Square, Stellar, and North Pole and Tipper.
My view is bullish short term(Swing trade) for the below observed technical factors.
Points as per TA on a Weekly Chart:
1.Contracting or Symmetrical Triangle formation on a weekly chart as per below:
2. Double Bottom formation on a weekly chart as per below:
3. Possible Bearish Gartley harmonic pattern in progress at the time of publishing as per below:
4. Ichimoku cloud Senkou Span A support established on weekly chart as per below:
5. Support established on 20 EMA & trading way above 200 EMA on a weekly chart as per below:
6. Trading above 20 & 200 EMA on daily chart.
7. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a daily, weekly & monthly chart is Strong for an upward momentum at the time of publishing.
8. RSI is at 52.44 on a weekly Chart and 53.73 on daily chart at the time of publishing.
9. MACD above signal line on weekly & daily chart.
10. Hull Moving average and other moving averages on a daily,weekly & monthly chart is a strong buy.
11. ADX (Average directional index ) trend strength is at 10.69 on a weekly and 8.70 on a daily chart which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend).
Projected Target: provided in the chart.
Stop Loss: Provided in the chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
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GODFREY PHILLIPS Trend Line Resistance Break*GODFREY PHILLIPS*
Time Frame: Daily
Observation:
* Trend Line Resistance Break
* Rebound From Demand Zone (1122 - 1175)
Resistance/Target: 1487 1711 1940 2080
Support 1275 1122
That all i observed last few months that is for learning purpose i share my ideas and research those who want to learn how i did you can send me msg on trading and follow my id
Ready for rockstar performance 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
Godfryphlp long trade Godfryphlp good for a momentum trade
Tgt 10%
Sl 5%
Ask your financial advisor before taking any action based on my view
Only for educational purposes
