amar_gr

Target 1 Done | 28% Gain in 53 days | Goodluck

NSE:GOODLUCK   GOODLUCK INDIA LTD
Target 1 Done | 28% Gain in 53 days | Goodluck


The entry was triggered at 302 on 15th Nov 2021, after which the overall market witnessed a correction.
Fortunately, after the entry the market structure held well and the SL placed at 259.40 remained intact. Actually the market missed the SL of 259.40 by a whisker. Whew.

Goodluck formed another low risk pivot range, which eventually broke out on the upside. (Here, unfortunately I lacked the conviction to add at 277.)

From this low risk entry point within 18 sessions, the stock went moved up by an excellent 44%. (Big lesson learnt and taken there)
Overall volumes have not been healthy enough to propel the stock past the 400 round number. Let's see how the stock holds for the next 10 - 12 weeks.


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