Recommended stocks on – 13.01.2025
GODREJ CP. -
Ø Buy price : 1166
Ø Strong Support : 1144
Ø Resistance price : 1184 - 1190
Reasons for Buy Recommended –
The stock appears fairly valued, trading in the lower range of its historical trend, potentially offering a buying opportunity if it rebounds.
FMCG is typically a defensive sector, performing well even in volatile markets.
GCPL benefits from strong brand equity and a diverse portfolio in personal care and household products.
Recent reports suggest strong volume growth, especially in domestic markets, which supports revenue stability.
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