GODREJ CP - WHY DELIVERIES HAVE INCREASED?
AS DISCUSSED IN 09TH APRIL, POST DESPITE HIGH DELIVERIES (INDICATES CONFIDENCE IN THE COMPANY) THE CHART WAS SHOWING THERE WAS A FALL TO BE EXPECTED UP TO 620.
THIS PRICE IS REACHED.
AGAIN, THE DELIVERY RATIO HAS INCREASED TO 76%. VARIOUS BROKERAGE HOUSES ARE GIVING TARGETS OF 720+.
BUT, WHAT DO THE CHARTS TELL US?
DAY & WEEK CHART INDICATE THAT THE PRICE MAY REACH AT THE LOW TO 601.
WILL IT GO UP? DEPENDS ON THE Q1 RESULTS TO BE ANNOUNCED ON 01ST AUGUST.
THIS PRICE IS REACHED.
AGAIN, THE DELIVERY RATIO HAS INCREASED TO 76%. VARIOUS BROKERAGE HOUSES ARE GIVING TARGETS OF 720+.
BUT, WHAT DO THE CHARTS TELL US?
DAY & WEEK CHART INDICATE THAT THE PRICE MAY REACH AT THE LOW TO 601.
WILL IT GO UP? DEPENDS ON THE Q1 RESULTS TO BE ANNOUNCED ON 01ST AUGUST.
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