GOA CARBON NSE:​GOACARBON

Next resistance will be at 918, the descending 1/1 line. 1/1 support is at 679

Goa crossed descending 1/1 angle decisively and met the confluence area of three angles when it clsoed today. Next target 775.

Goa carbon hit LC today but is very near to 2/1 support at 460. May consolidate or hopefully will make a turn from the support in immediate term

Managed to close above 1/1 support. If it can hold above the support for a couple of days, we expect the stock may move up to 1090 in intermediate term

If Goa manages to close above 665 today, in short/ medium term 1100 can be seen

Being on Fibo 0.382 line and just touching 1/1 descending Gann angle, Goa likely make an about turn from here.

GOACARBON buy if it breaches 799 with stop loss at 729,

Goa Carbon should close above 780 for crossing descending angle minor resistance.

If it crosses 780 on monday on closing basis, with bullishness, we can hope next target at 1000+

Descending 1/2 angle encountered, minor set back should move up after a little consolidation. Support at 625

And the resistance level is likely to be met tomorrow at 803. If the channel is broken, medium term target is 1050 in the run up.

Intermediate channel resistance at 805-810, which if crossed, may take the stock to 1050 in medium term.

A minor obstacle exits at 620-625 range, which f it is crossed, then the stock is clear for the week. Support at 610.

It will be no surprise if it crosses 600 in next 10 trading days

Descending 1/4 line beacame a resistance and if the bullishness sustains we may see 610-625 in near term

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