GODFRYPHLP - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.3

📉 GODFRYPHLP is reversing from its highs with bearish momentum signals. Entry near 3,050–3,100 ₹ and exit near 3,300–3,350 ₹ may suit short-term swing trades.

📈 Technical Analysis

• 📉 Chart Pattern: The stock is forming a descending channel, indicating short-term bearish bias.
• 📉 Moving Averages: Price is below the 50-DMA (3,299 ₹) but above the 200-DMA (2,826 ₹), suggesting medium-term support but short-term weakness.
• 📉 RSI (36.7): Near oversold territory, signaling weak momentum and potential for a technical bounce.
• 📉 MACD (-76.0): Deep negative crossover, confirming bearish momentum.
• 📉 Bollinger Bands: Price near lower band, suggesting oversold conditions but no clear reversal yet.
• 📈 Volume Trend: Current volume (6.3L) is above 1-week average (3.08L), indicating increased activity — possibly profit booking or panic selling.

📍 Entry & Exit Zones

• ✅ Entry Zone: 3,050 ₹ – 3,100 ₹ (near psychological support and lower Bollinger Band)
• 🚪 Exit Zone: 3,300 ₹ – 3,350 ₹ (resistance from 50-DMA and prior swing highs)

📊 Trend Status

• 📉 Current Trend: Reversing from uptrend to short-term bearish
• ⚠️ Bias: Bearish unless RSI rebounds above 45 and MACD flattens

✅ Positive

• Strong ROCE (29.4%) and ROE (22.2%) reflect efficient capital use.
• Quarterly PAT increased from 255 Cr. to 365 Cr. — a 30.6% growth.
• Price still above 200-DMA, indicating long-term support remains intact.

⚠️ Limitation

• MACD and RSI both signal bearish momentum.
• Price trading below 50-DMA — short-term technical weakness.
• High P/E (40.3) compared to industry PE (29.7) suggests premium valuation.

📉 Company Negative News

• FII holding dropped by 1.38%, indicating reduced foreign investor confidence.

📈 Company Positive News

• DII holding increased by 0.27%, showing domestic institutional support.
• Strong quarterly earnings and low debt-to-equity ratio (0.04) support investor sentiment.

🏭 Industry

• Consumer goods and tobacco sector remains stable with consistent demand and high margins.
• GODFRYPHLP trades above industry PE (40.3 vs 29.7), reflecting premium valuation and strong brand positioning.

🧾 Conclusion

• GODFRYPHLP is reversing from recent highs with bearish technical indicators and valuation risks.
• Short-term traders may consider entries near 3,100 ₹ and exits near 3,350 ₹.
• Long-term investors should monitor earnings consistency and technical recovery before adding exposure.

Sources: TopStockResearch

TSR

, TipRanks Charting

TipRanks

, Trendlyne Technicals

Trendlyne

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