Goa Carbon Ltd - Breakout Setup, Move is ON...#GOACARBON trading above Resistance of 978
Next Resistance is at 1215
Support is at 710
Here is previous chart:
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 taking any trade.
GOACARBON
Weekend pick -> Goa CarbonChart -> Goa Carbon Weekly
Stock has given a cup and handle breakout with volume confirmation.
CMP: 671
Target: 845, 1030
Good to add: 580 to 600
SL: 538 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
GOACARBON - Ichimoku Bullish Breakout Stock Name - Goa Carbon Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 626.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
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Long GOACARBON - Move is ON..NSE:GOACARBON
✅ #GOACARBON trading above Resistance of 600
✅ Next Resistance is at 740
✅ Recent gap up is bullish for GOACARBON
Here is related chart:
Charts are 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 taking any trade
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermGOA CARBON
Recent volumes coming in stock, & also in uptrend.
Buy above 600 levels for short term swing targets of 750/830 levels.
Keep SL levels of 510/500 levels for swing targets.
Also can be keep in watchlist for Intraday targets of 620/630
For SL watch 5min chart for support and resistance levels.
Accumulate stock if further dip comes upto 500 levels for short to mid term investment.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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resistance breakout and pullbackbuy above 600 in Intraday
for positional trade can add in dips till 500 stoploss 430
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
philip carbon consolidation trade setupstock after one side upmove
consolidating in range 185 to 210
with current formation
i see 184 area as sl for 230 /250 + targets in short term
Imp Is its above moving averages like 100/200 /20 etc