50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Still in Uptrend Trail by 50 SMA if price close below 50 SMA Exit
GOKUL trade ideas
50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Penny stock are Risky and Easy to Manipulate check the Fundamentals of Company before investing
Gokul Refoils & Solvent LtdGokul Refoils & Solvent Ltd. (GOKUL) shares recently experienced a significant breakout after consolidating for 12 years since a high in 2010. The breakout, marked by strong technical performance and buying volumes, indicates renewed investor interest and a bullish trend. Previously in a long-term downtrend, the stock is now showing potential upside.
In January 2024, Gokul Refoils expanded its business by amending its Memorandum of Association to include the production of various industrial oils, aiming to diversify its product portfolio and boost future revenues, especially in industrial sectors.
The chart suggests several key price targets. The first target is set at ₹65, with the current market price being ₹57.20. The second target is ₹73.40, followed by ₹86.80, and finally ₹98. Reaching the final target will require significant investor conviction and momentum in the stock.
Additionally, promoter shareholding increased by 1.61% to 74.62% in the last quarter, adding further confidence and momentum to the stock’s bullish outlook—an icing on the cake for investors.
Caution : Do your own research (DYOR) before buying.
GOKUL giving range BREAKOUTGOKUL is giving a breakout on a weekly time frame with good volumes.
although the financials of the stock are not that impressive but on the technical front stock is giving breakout of a good structure.
not only on breakout but during the time of consolidation there is good volumes on the buy side.
you can observe this stock.
Buy Gokul refoils at CMP for short termAs can been seen the price has come off from a double bottom on weekly basis. Also a massive uptick in AD line whereas price is in the same range. This means smart money has entered the stock and is ready to go up.
Happy trading / investing
Best Regards
Shamoil