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,
Support at 632.5 is not likely to be broken. Near term support is at 704. Short term target is 950. Medium term target is 1015.
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
Goa Carbon managed to hold 4/1 support and seems it has turned bullish. Levels to watch out for 500, 570 and then 790.
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