GoodluckCapital

GoodluckCapital

DRREDDY After the market crash in March 2020, the stock began a steady upward movement and formed a Bullish Pennant pattern. After breaking out, the price surged and encountered resistance multiple times near the 5,550 level. Consequently, the stock price experienced a significant drop and entered a prolonged consolidation phase. During this phase, an...

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Short Term Trading Advice by Goodluck Capital Buy ITC Buy Range- 457 - 462 Target- 485 - 490 StopLoss- below 450 Potential Return- 6-7% Approx trade duration 14 - 15 days

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NSE IT SECTORS NSE:CNXIT TREND: POSITIVE India IT sector is currently on an upward trend. After a bullish Pole & Flag pattern was spotted on the chart, a breakout occurred leading to a surge in index and the formation of a bullish Pennant pattern. Encountering resistance at the 38,600 level, the IT index underwent a correction and consolidation...

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When analyzing the monthly chart, it's clear that the stock price has experienced numerous fluctuations. In June '14, the stock reached a high near 315 level before taking a sharp downturn. By March 2020, the stock price had plummeted to just 50 INR. However, from that point, the stock began a strong upward movement with significant volume increase. An...

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After the market crash in 2020, the stock price experienced a significant upward movement and reached close to the 3,990 level, which was the previous all-time high for the stock. Subsequently, the stock entered a downtrend until the price found support near the 2,900 level. Following this, the stock price began to rise again and reached a new high in March’24...

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INFY The stock price was strongly rejected near the 1,730 level and experienced a significant drop. Later on, the stock found support near the 1,380 level and started to climb. Once the price broke through its trendline resistance, it made a sharp upward movement and reached its previous resistance area. Due to the rising volume, there is an expectation...

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The chart clearly indicates that the index is experiencing a robust uptrend. Earlier, the price formed a bullish Pole & Flag pattern and surged upwards after breaking out. The index encountered a strong rejection near the 58,000 level, leading to a correction and deep consolidation. Despite attempting to surpass the resistance level, the price failed. ...

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In the past, the stock found strong support around the 450 level, but when the price dropped below this support zone, it experienced a significant decline. The stock started to move upwards within a parallel channel after finding support around the 290 level. A recent bullish candle allowed the price to break through its trendline resistance with strong...

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Price went through a significant consolidation after a big rally. Volume completely dried up during the consolidation phase. Price recently broke out strongly, surpassing its resistance area. Rising volume suggests buyers are becoming more interested in this stock. A bullish MACD crossover confirms the strong momentum in price. The price created a...

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DIVISLAB The price has been consolidating in a narrow range for more than a year. Recently, the price successfully surpassed its resistance level. Since the breakout, the price has maintained above the breakout point and is steadily increasing. The current RSI is above 60, suggesting strong buying pressure. ONGC Before, the price was rising...

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(1) The price at the 2050 level was strongly rejected in the past, leading to an 63% decrease. (2) Eventually, the price found support near 690 and began to rise. (3) However, it was rejected again near 1570 and fell. (4) The price surged after a notable increase, breaking through its trendline resistance and carrying on with its upward momentum. (5) At long...

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(1) Before, the price was strongly rejected around the 1250 level. (2) Then, the price dropped by about 85%. (3) Later on, the price found support near the 165 level and began to rise. (4) However, the price was rejected again around the 690 level and dropped. (5) After a significant increase, the price finally broke the neckline of the Double Bottom pattern...

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(1) The price had previously formed an ascending triangle pattern and broke out of the pattern with a large volume. (2) After that, the price continued to move upwards by creating higher highs and lows. (3) Now, the price is trading close to its all-time high with a decent volume and is expected to move even higher

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(1) The price broke through resistance and surged after a prolonged consolidation (2) It is now maintaining upward momentum with higher highs and higher lows. (3) Following a breakout, the price is near its record high and expected to keep rising.

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Short Term Trading Advice by Goodluck Capital Buy V-Guard Buy Range- 404 - 410 Target- 430 - 435 StopLoss- below 390 Potential Return- 6-7% Approx trade duration 14 - 15 days

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Short Term Trading Advice by Goodluck Capital Buy Cummins India Buy Range- 3930 - 4000 Target- 4250 - 4300 StopLoss- below 3720 Potential Return- 7-8% Approx trade duration 12 - 14 days

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Short Term Trading Advice by Goodluck Capital Buy JBM Auto Buy Range- 2020 - 2080 Target- 2250 - 2300 StopLoss- below 1900 Potential Return- 10-12% Approx trade duration 14 - 15 days

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Short Term Trading Advice by Goodluck Capital Buy Tejas Networks Buy Range- 1125 - 1150 Target- 1250 - 1270 StopLoss- below 1055 Potential Return- 10-12% Approx trade duration 12 - 14 days