This Godrej group company is in news for on a shopping spree while buying foreign fmcg businesses.
The stocks seems to have gotten head and shoulder breakout.
A traders SL should be 255, while going long for a TGT of upto 335.
Hindustan Unilever Ltd.
This FMCG Major counter is under pressure. Don't know why? It did made a high around 300 price mark. Now also trading at attractive valuation for Investors.
Anyway, Traders Go Long with SL of 218 and a TGT of 240-297 with patience.
Inverted H&S Breakout to help.
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