GOA CARBON NSE:​GOACARBON

696-795

With an internediate resistance at 815, one can have a target of 900 in this present run up. Support at 645

Broke 2/1 angle decisively today. Next resistance at 1/1 angle would be 839.75 or little higher. I expect the scrip to touch the same next week

Buy GOA CARBON at 747 SL 725 Target 775~800~815

All mentioned & plotted on Chart. FIB Correction 1.618 (GOLDEN RAIO) Near @ 706.86 Though Traded Below "NECK Line" Investor / Aggressive Traders Can Enter Keeping SL: @ Below 700 (Closing Basis) Bullish Break Out: Above "NECK LINE" i.e Near @ 805 - 809 Zone Disclaimer: Take this information as study/education purpose only. If Useful Like & Share For taking ...

Goa carbon can touch 776 if close below 846.profit bookin recommended at resistance.

It should go into some consolidation here before the next move (up or down).. Good time to book short term profits or strategize for next move.

GOA: Pretty serious break of trend. The TL will be a serious resistance going forward and consolidation will be needed before any reattempt.

While a major flag was playing out in GOA with target above 500, another intermediate flag has also developed within the larger one... With an all time high break out , this one surely looks headed NORTH rapidly!

If this flag were to hold, It should easily cross 500 and go for its target at 572.

Explained in the chart Education purpose only...

1. Stock is trading at support line 2. Company had announced its very good Q1 numbers with huge jump in its profits 3. net profit of Q1 is ~65% of total FY17 profits. 4. With three more quarters to go, company is well positioned for FY18. Note: Please do your own research before taking a position.

Stock has broken out with huge volumes following spectacular result. A flag has been created. Let's wait and watch any upward move. A hidden bullish divergence has also been formed.

Need to wait and see the breakout