Formation of cup pattern1.Resistance at 519.90 once it break it out it will give more than 15 -20%
2.Break of trendline
3.Suitable foe BTST trade
min target 529
GOKEX
GOKEX - Long viewThere has been a breakout of a consolidation with the average amount volume.
414 is an area of resistance that has been marked on the chart.
So if you want to go long then consider the fact that the price has just closed above the EMA200.
Above 414 would be a good point to enter this counter with a stop of below 385.
437 would be the next target and if that has been taken out then we can expect 473 and then further target of 520
YR 2022 Idea #57: Long on GOKEXThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
GOKEX For long term
#GOKEX
Gokaldas exports
Added for long term portfolio.
Having reputed customers like customers like GAP, Walmart, JCPenny, Adidas, H&M, Mark Spencer, Sanmar, Puma, Old Navy
Past 3 quarters have been good.
This qtr nearly doubled.
Although, Today and prev trade day candle have shown too much strech, hence, better to add light position.
Also, broader marked seems to be overall weak.
So adding pilot position for long term WITH SL AT 390 DCB,
will add more in consolidation or retracement to demand area 330~340.
#vr
GOKALDAS EXPORTS GOKEX On a weekly chart trying to breakout from the resistance zone of 400-410 levels.
On a monthly chart also this levels are being continuously testing. If it breaks we can expect a good rally in this stock. Expecting targets of 500, 600 levels.
Please note I’m not a sebi registered analyst.
Please analyse your self before investing.
GOKEXGokaldas Exports Ltd
CMP: 416
- Highest quarterly profit
- FIIs & DIIs increased their stake massively in the last 3 quarters
- FIIs (5 to 12%)
DIIs (4 to 26%)
- Cup & Handle pattern breakout near All Time High (428)
GOKEXShort till 189 after it will be reverse back and you can invest. for long term this stock makes lots of money by tomorrow (21-10.21) and day after tomorrow. (22.10.21) you can short. after 189rs buying high
