Rajesh Palviya picks Goodluck India for positional trade; sees steady upside after wedge breakout

“Goodluck India stock appears to be in a bullish continuation phase on the weekly chart, with the price rebounding strongly from an intermediate corrective zone and moving back toward a key overhead resistance band around 1,420–1,425. Traders can buy for a target of Rs 1550-1600 in the next few months,” Rajesh Palviya, Head of Research, Axis Direct, said.
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