Company is from Iron & Steel sector having ISO 9001:2008 certification who manufactres of niche quality galvanized steel wires . Declared good outstanding results and now at its all time high. Have good chances for 30% upward movement within 3-4 months time frame
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
GEEKAY WIRES Daily has trendline breakout with 200 ema support on daily candle. cmp 92, Dont buy at cmp. Wait for retracement near 85 to buy for target of 112,147 with sl below 70
can buy for swing above 106
keep stoploss below 99.
this scrip is illiquid and low market cap stock so invest not more than 5-10% of your capital.
it can be risky and high reward trade.
