Proctor & Gamble Hygiene & Healthcare Ltd. Is India’s one the fastest growing FMCG company. PGHH is an Indian subsidiary of Procter & Gamble US. Its CMP is 14299.5. PGHH has huge moat and big market share in Female hygiene and skin care products.
Negatives of PGHH are that they have decline in quarterly net profits, FIIs are decreasing stake and have high...
The stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & Previously upper trendline. The target is placed near swing high.
Note: Market is having weak sentiments, making this a high risk trade. Due Caution Is Required.
