Recommended stocks on – 04.04.2025
( 1 ) GODREJ CP. -
· Buy price : 1160
· Strong Support : 1130
· Resistance price : 1178
Reasons for Buy Recommended – Godrej Consumer Products
Ltd.indicates a 'buy' signal. The stock is trading above its 5-day (₹1,135.78) and 15-day (₹1,098.70) Exponential Moving
Averages (EMAs), suggesting a strong bullish trend.
The Relative Strength Index (RSI) is in the neutral range, indicating that the stock is neither overbought nor oversold. Additionally, the Moving Average Convergence Divergence (MACD) line is above the signal line, which is typically a bullish indicator.
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