Goodluck!
GOODLUCK !!!
I see signs of selling exhaustion as well as accumulation at these levels.
A symmetrical triangle breakout has been witnessed along with a retest.
MACD is also showing positive signs here.
Formation of cup pattern1.Nearing its 52week high
2.Has been consolidating in 1hr
3.once it crosses 550 its going to fly
GOOD LUCK INDIA !!!Market Cap 1,220 Cr.
Free Float Mkt Cap 469 Cr.
Promoter holding 61.6 %
Dividend Yield 0.75 %
Intrinsic Value 512
Stock P/E 14.3
Industry PE 16.8
ROCE 16 %
ROCE 3yr avg 13 %
ROE 17 %
ROE 5Yr 11 %
Debt to equity 1.04
YR 2022 Idea #153: Long on GOODLUCK This 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.
GoodLuck for Good LuckNSE:GOODLUCK has reversed so beautifully at its 200 SMA line.
Target I see is Rs520.
Good Luck
GoodluckNSE:- GOODLUCK
-Breaking 5-month consolidation
-Price And Volume Both Support And Confirms
-Major Support At 260
goodluckNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Ftm coin idea update for this monthFtm coin idea update for this month lets buy on buying point and sell upto more than 50% profit.
btt big targets for long termbtt big targets for long term and short term. be redy for 100% to 600% gain.
GOODLUCK INDIA Possible breakout!!
- The stock has tried to breach 330 levels since
August
- Stock's forming a potential breakout pattern
- Increased Volumes can be seen from previous
days in spite of the indices closing at lower
levels
- Quarterly Results on 25 Oct, strong earnings
expected as the stock can be seen making
strong up moves!
- Keep on radar
Goodluck India - LongMy trade plan:
Entry: 307.05
SL: 273
Risk: 1% of total capital
Context:
1. Strong Buying Power seen
2. Volume Contraction
3. Good Fundamentals
goodluck indAll scripts posted here are only for study purpose do your analysis before taking any positions
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