Godrej Consumer follows channel on weekly charts. It is coming out of 5-month downward channel. Rural growth momentum should see stable revenue in stressed environment. Household Insecticides will maintain good run in domestic market led by share gains and better penetration in rural markets; soaps regained growth momentum on improved supply and strong traction...
IEX is closing to break 9 month channel, most probably on upside. IEX made 7 attempts on to break 198 levels, it cleared in 8th attempt but sharp pullback in Nifty threw it in channel again. IEX has made 5 higher highs and that's interesting. IEX's 50 DMA is 188.50 and offers good support. With 184.50 SL (3%) it offers significant upside in coming days if...
IEX is closing to break 9 month channel, most probably on upside. IEX made 7 attempts on to break 198 levels, it cleared in 8th attempt but sharp pullback in Nifty threw it in channel again. IEX has made 5 higher highs and that's interesting. IEX's 50 DMA is 188.50 and offers good support. With 184.50 SL (3%) it offers significant upside in coming days if...
Escorts is hovering at Line of Support. It has respected this line 5 times, whether it'll defend this 6th time? SL 1% i.e. 1145 with 1195-1205 as upside, Risk:reward of 1:4.
Escorts is hovering at Line of Support. It has respected this line 5 times, whether it'll defend this 6th time? SL 1% i.e. 1145 with 1195-1205 as upside, Risk:reward of 1:4.
Relative strength in Pfizer vs Nifty and CNX Pharma should be made note of.