Long Gokex above 82.60 for the target price of first target of 93 & second target price of 99.75 with the SL 74.20. On weekly basis stock has taken the pull back & expected to touch the upper levels. This is for pure educational ideas.
As they say circle at the bottom is a good reversal indicator!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Gokaldas Exports Ltd:134
We found and opportunity in Gokaldas in early April' this year, and technically the trend line resistance is laying runaround 160. But my expectation was 100 only.
onRequest
@paresh1c your question about crossing the resistance 142 , with the current out looks and weak, overbought,diverging indicators, is seems to be very difficult.
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in above chart the price has crossed the resistance level with vol , in daily chart too it has crossed the resistance level , we may see a target of 170 . posting the chart for discussion
Gokaldas Exports: ₹70.45. is having a breakout from an year long down trend line, with good volume. Yet another break out will be happening soon from the trading range ₹75. Resistance: ₹90 & ₹100 support: ₹60
