Reason for long
a) Wave 4 development
b) W formation
c) Good engufling candle
d) Good risk reward zone
f) SL compulsory
There is possibility of distribution as well after election or during election. So be careful and keep and respect SL and position sizing.
A bullish flag & pole Chart Pattern Breakout on the Weekly Time frame of NSE:GOKEX
Price Action supported by very good volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list and initiate the long trade as per the levels mentioned on the chart
Stop loss will be on a Weekly closing...
Have been eyeing this closely since the past fortnight. Was nicely getting tight during the market pullback. Gave a good closing to allow an entry towards EOD, looking to build size in this ahead
BUY - GOKALDAS EXPORTS LTD
CMP - Rs. 766
Target - 1: Rs. 1030
Target - 2: Rs. 1269
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Timeframe - 2 months - 8 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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GOKEX
Entry 550-559
Sl 526 (D.C.B)
Tgt 615-660
Disclaimer: I'm not a Sebi Registered Advisor.This is not any kind of Recommendation to Buy or Sell.
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Gokaldas Exports hits 20% upper circuit on Atraco acquisition
With this acquisition company will gain access to low-cost duty-free locations for manufacturing.
Shares of Gokaldas Exports hit a new high of Rs 735, as they surged 20 per cent on the NSE in Tuesday’s intra-day trade after the company through its wholly-owned subsidiaries has entered into an agreement...
GOKEX on Breakout and with good volume; above 428 on Tuesday 21ST Feb for Intraday gains
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INTRADAY Trading Strategy based on 3 stages of a breakout:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys...
