GODREJ CP - WHY DELIVERIES HAVE INCREASED?

AS DISCUSSED IN 09TH APRIL, POST DESPITE HIGH DELIVERIES (INDICATES CONFIDENCE IN THE COMPANY) THE CHART WAS SHOWING THERE WAS A FALL TO BE EXPECTED UP TO 620.

THIS PRICE IS REACHED.

AGAIN, THE DELIVERY RATIO HAS INCREASED TO 76%. VARIOUS BROKERAGE HOUSES ARE GIVING TARGETS OF 720+.

BUT, WHAT DO THE CHARTS TELL US?

DAY & WEEK CHART INDICATE THAT THE PRICE MAY REACH AT THE LOW TO 601.

WILL IT GO UP? DEPENDS ON THE Q1 RESULTS TO BE ANNOUNCED ON 01ST AUGUST.