16th december, godrej cp intra cum swing

nifty fmcg has made a double bottom, out of all godrejcp has been in consolidation. today news is positive so it might see some good movement in intraday.

support lies at 1080, and resistance at 1020 1040 1080 ++, for intra day cum swing a position can be taken today for some good 2 to 5 percent move.

keep sl at 1080 for tgt would be 1040 1060 1080 for swing tgt 1200