Alembic Pharma The stock encountered several rejections around the 1,130 level, leading to a significant correction in price. Eventually, it found support near the 460 level and began to climb upwards. During this upward movement, a Bullish Pole & Flag pattern emerged in the stock price chart, suggesting a potential continuation of the trend. Following a...
Short Term Trading Advice by Goodluck Capital Buy Colpage Palmolive Buy Range- 3040 - 3070 Target- 3200 - 3250 StopLoss- below 2950 Potential Return- 5-6% Approx trade duration 14 - 15 days
DRREDDY After the market crash in March 2020, the stock began a steady upward movement and formed a Bullish Pennant pattern. After breaking out, the price surged and encountered resistance multiple times near the 5,550 level. Consequently, the stock price experienced a significant drop and entered a prolonged consolidation phase. During this phase, an...
Short Term Trading Advice by Goodluck Capital Buy ITC Buy Range- 457 - 462 Target- 485 - 490 StopLoss- below 450 Potential Return- 6-7% Approx trade duration 14 - 15 days
When analyzing the monthly chart, it's clear that the stock price has experienced numerous fluctuations. In June '14, the stock reached a high near 315 level before taking a sharp downturn. By March 2020, the stock price had plummeted to just 50 INR. However, from that point, the stock began a strong upward movement with significant volume increase. An...
After the market crash in 2020, the stock price experienced a significant upward movement and reached close to the 3,990 level, which was the previous all-time high for the stock. Subsequently, the stock entered a downtrend until the price found support near the 2,900 level. Following this, the stock price began to rise again and reached a new high in March’24...
Short Term Trading Advice by Goodluck Capital Buy Pfizer Buy Range- 4850 - 4900 Target- 5150 - 5200 StopLoss- below 4750 Potential Return- 6-7% Approx trade duration 12 - 14 days
INFY The stock price was strongly rejected near the 1,730 level and experienced a significant drop. Later on, the stock found support near the 1,380 level and started to climb. Once the price broke through its trendline resistance, it made a sharp upward movement and reached its previous resistance area. Due to the rising volume, there is an expectation...
The chart clearly indicates that the index is experiencing a robust uptrend. Earlier, the price formed a bullish Pole & Flag pattern and surged upwards after breaking out. The index encountered a strong rejection near the 58,000 level, leading to a correction and deep consolidation. Despite attempting to surpass the resistance level, the price failed. ...
In the past, the stock found strong support around the 450 level, but when the price dropped below this support zone, it experienced a significant decline. The stock started to move upwards within a parallel channel after finding support around the 290 level. A recent bullish candle allowed the price to break through its trendline resistance with strong...
Short Term Trading Advice by Goodluck Capital Buy Power Grid Corporation Buy Range- 325 - 330 Target- 344 - 348 StopLoss- below 313 Potential Return- 6-7% Approx trade duration 10 - 12 days
Price went through a significant consolidation after a big rally. Volume completely dried up during the consolidation phase. Price recently broke out strongly, surpassing its resistance area. Rising volume suggests buyers are becoming more interested in this stock. A bullish MACD crossover confirms the strong momentum in price. The price created a...
Short Term Trading Advice by Goodluck Capital Buy Aurobindo Pharma Buy Range- 1240 - 1260 Target- 1330 - 1350 StopLoss- below 1175 Potential Return- 6-8% Approx trade duration 9 - 10 days
(1) The price had previously formed an ascending triangle pattern and broke out of the pattern with a large volume. (2) After that, the price continued to move upwards by creating higher highs and lows. (3) Now, the price is trading close to its all-time high with a decent volume and is expected to move even higher
(1) The price is generally trending upwards. (2) Following the breakout of the Rounding Bottom pattern, the price is now consolidating above the breakout point. (3) There has been a significant increase in volume, suggesting strong buyer interest.
(1) The price broke through resistance and surged after a prolonged consolidation (2) It is now maintaining upward momentum with higher highs and higher lows. (3) Following a breakout, the price is near its record high and expected to keep rising.
Short Term Trading Advice by Goodluck Capital Buy V-Guard Buy Range- 404 - 410 Target- 430 - 435 StopLoss- below 390 Potential Return- 6-7% Approx trade duration 14 - 15 days
Short Term Trading Advice by Goodluck Capital Buy Cummins India Buy Range- 3930 - 4000 Target- 4250 - 4300 StopLoss- below 3720 Potential Return- 7-8% Approx trade duration 12 - 14 days