Stock is making Higher Highs on weekly and closed above 21EMA. My only concern is volume but I am expecting it to pick in coming weeks. As you can see that the stock is also trading in a channel, expecting the stock to take the channel support and cross 350+ soon. Maintain swing low(263) as a SL.
GOA cARBON, above 376 should move better, first trading trgt would be 479, to book some quantities, and buy again at lover levels, for a trgt of 595.
GOACARBON- this is 3rd (in our list) and last stock in this sector after HEG and GRAPHITE, both rocked the market and now this one is also ready to boom as volume formation and bullish candlestick formed today and now if stock able to break 320 level and sustain above this we can see major upside towards 350.00/370.00 levels in coming days with the help of 290.00 support.
sustaining above the levels should take the stock to the mentioned target.
Fresh entry envisaged once it closes above 351 and remains bullish.
Even with a good spurt on Friday, the stock is still well below the last resistance angle. Once it closes above 348 and remains bullish, good move will be seen.
Support at 421, resistance at 476, intermediate term target 631.
AFTER A LONG FALL GOA CARBON CHART INDICATES RS. 500 LEVEL WILL BE REACHED IN THE COMING SESSIONS. STOP LOSS SHOULD BE THE SUPPORT LINE 425 LEVEL.
Hi Guys, GOA CARBON if it's breakdown 471.30 most probably will reach 442.85 in next couple week ***Use Proper Risk and Money management Rule if you don't had a one please watch the play don't trade If you like the idea hit the thumbs up ,comment below your Q's and do share which will encourage me to post more new ideas Thank you
GOA CORBON BUY AT CURRENT LEVEL TAREGR 520 560 580
GOACARBON (Goa Carbon Ltd) BUY ABOVE 495
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