GODREJCP - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 3.9

Here’s a detailed technical analysis of Godrej Consumer Products Ltd (GODREJCP)

📈 Trend Analysis

Current Price (₹1,238) is sitting right at the 50-DMA (₹1,238) and slightly above the 200-DMA (₹1,219) — indicating a neutral-to-bullish setup.

52-week Index at 52.7% shows the stock is trading in the middle of its yearly range (₹980–₹1,469), suggesting sideways movement.

Trend Status: Consolidating, with potential for breakout if momentum improves.

🔍 Momentum Indicators

RSI (48.7): In the neutral zone, indicating lack of strong momentum — neither overbought nor oversold.

MACD (2.61): Slightly positive — suggests mild bullish crossover, but not a strong signal.

Volume: At 19.93L, above 1-week average (14.38L) — indicates renewed interest, possibly early accumulation.

📊 Chart Patterns & Moving Averages

Price is hovering around key moving averages, showing indecision.

Support Levels

₹1,219 (200-DMA)

₹1,180–₹1,200 (recent swing zone)

Resistance Levels

₹1,280–₹1,300 (minor resistance zone)

₹1,350–₹1,400 (gap zone and psychological resistance)

₹1,469 (52-week high)

📉 Bollinger Bands

Price is near the middle band, with bands narrowing — a sign of volatility contraction.

Watch for volume breakout and MACD acceleration to confirm directional move.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Entry 1,215–1,230 Near 200-DMA and support zone

Exit (Short-Term) 1,280–1,350 Resistance zone, potential reversal

Stop Loss 1,180 Below swing low and trendline

🧭 Summary

Trend: Consolidating

Momentum: Mild bullish, but indecisive

Volatility: Low, with breakout potential

Ideal Strategy: Accumulate near ₹1,215–₹1,230 with target ₹1,280–₹1,350. Watch for RSI crossing 55+ and MACD strengthening for confirmation.

Would you like to explore similar setups in the FMCG space or compare with other high-PE consumer stocks?

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