Sell Godrej Consumer Products, target Rs 1483: Geojit BNP Paribas

Geojit BNP Paribas maintains a sell rating on Godrej Consumer Products with a target of Rs 1483/1465 and a stop loss of Rs 1539. The RSI and Stochastic indicators are coming off the overbought region.

The MACD has crossed the signal line and is favoring more downside. Aroon down indicator is reversing its direction from the lower levels.