Stock has taken support at the level of 200 days moving average followed by reversal of action to the up during the past few trading days. Immediate hurdle comes at 6450. A move surpassing this level would pave the way for further rise towards 7000. Rising daily momentum studies above mid range would tend to reinforce higher price action.
Reckitt Benckiser Group Plc manufactures and distributes a wide range of household, toiletry, pharmaceutical and food products on a global basis. The company’s products include fabric treatments, disinfectant spray and cleaners, dishwashing detergent, personal care, food and prescription drugs.
Open – 6,270
Day Range – 6,258-6,286
52WK Range – 5,406-6,450
Market Cap (B GBP) – 44.347
Shares Outstanding (M) – 707.171
Sector – Consumer Staples
Industry – Consumer Products
Sub-industry – Household Products
Risk Warning
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