Another Stock which is ready for upside move-broke resistance with high volume
-strong closing
-broke 50 EMA which was previously very strong resistance
-invest maximum 5-7% of your capital can give good return
GOLDENTOBC trade ideas
GOLDENTOBCGOLDEN TOBACCO
MULTI_MULTI Year BO is awaiting Ready to break FEB 2010 levels.
Good levels to enter is 134-136
or above the breakout level 140.
Stop loss will be 5%
Targets will be 190 and keep trailing.
GoldenTobaccoCMP - 117.8
Safe players buy above 130
SL - Below 113 (DCB)
Target - 140, 190+
Low risk setup, but poor fundamentals
Purely technical pick
My on holding stock plan GOLDENTOBCE1 - 78.60 - 30 Jul 2021 - done
T1 - 124.30 - 09 Aug 2021 or 40% (110.40)
Once break the resistance will plan the next entry
GOLDENTOBCGOLDENTOBC: Looking Good
Rounding Bottom Pattern Breakout Sustaining Closing/Above 85.80
Head & Shoulder Pattern Breakout Closing/Sustaining Above 70
Buy Above/CMP 68
[SHORT TERM] GOLDEN TOBACCOThe stock is at the verge of breaking its previous high and looks good to buy for a 6-12% profit.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
