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
GEEKAY WIRE as per day chart analysis Stock ABOVE 94 TARGET 98 Wishing you a Very Happy Pongal...
Forming Dragonfly Doji's with high volume and EMA below stock price
The stock has generated a very strong momentum.. Look to book partial profits near 113-114
Levels on the chart
Target 135+ SL 69 TF 2 years
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.
This analysis is only for educational purposes, Invest at your own risk! GEEKAYWIRE's price plummeted 20 points this month. This price action may be done by institutional investors or operators who have accumulated and markuped the stock. The next phase for these institutional investors or operators will be Distribution , Hence a large sell volume will...