Double Bottom in Progress in Weekly Charts with Good Entry and great ROI Entry 132 Target 144/157/187 SL - 123
A very good flag breakout seen in this counter. Since it is long term flag time to target will also be 12~16 months. Target 350 SL 126 SL is big so smaller position can be initially taken and position can be increased on pullback.
weekly time frame flag and pole pattern . strong volumes confirming upside move. holding trade.
We all have witnessed the bombastic rally of Gold & Silver, now it seems that companies that are engaged in business related to gold & silver are going to buzz. Let's have a detailed overview of the stock in prominent timeframes. Daily Timeframe: - Goldiam has shown a breakout from a right-angled broadening wedge pattern which was under construction for...
Downtrend trendline broken in Goldiam International Limited with high volume
Good breakout in this counter after long consolidation in falling wedge. quick target of 220 levels expected. Considering SL will be at 120 buying limited qty to avoid huge exposure can be considered.
CMP: 143 - Massive ~1500% returns from 14 - 230 in the span of ~1.5 years from March 2020 lows - Uptrend paused and the stock went into correction & corrected ~50% - Now bouncing from the 50% Fibo level with a good weekly closing
After successfully retesting entry and exit with the risk-reward ratio are mentioned in the chart.
Reason for long a) Triangle breakout b) price and volume spurt c) SL compulsory
Goldiam International Pole & Flag Pattern: Monthly Basis Vol. Consolidation/ Further BuiltUp Price BreakOut to Happen. Monthly Trendline BreakOut to be Watched. Do Your Own Research as well!!! Happy Investing:)
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on...
A falling wedge pattern in GOLDIAM can plan to buy the stock for Swing basis With 1:2 R:R
Reason for long a) channel play b) price and volume spurt
Based on Q3 and recent buy back ! this stock could reach to 1200 very soon
there was a upside potential because of the buy back and trong fundamental as well as improved order book , and as the stock ha maintained the level of 95--970 for continous period so the resistence was strong . and having a upside of 12-15% and hence the target is reached in 14 days.
Goldiam International - Forming 2T VCP Today it has formed NR7 + IB ( Narrowest range in last seven days plus Inside Bar) Early entry can be taken above 971 with stop loss 930