CautiousChartist

GILLETTE INDIA LTD

Long
NSE:GILLETTE   GILLETTE INDIA LTD
A very simple chart with a breakout. Spotted a little late.

The quality of the stock talks more than its technical. The stock is bound to climb as its a consumption stock. Mostly everyone needs a shave almost everyday.

Time frame though can be a weeks to a month.
Targets are around the 6450 - 6530 mark. One can look for targets even beyond the targets mentioned in the longer term. It's an investment stock.

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Comment: Stock is above Support of 5406. Keep you stop loss as per your risk appetite but no lower than 5406.