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(GOODLUCK) Good Luck complete technical analysis [charts+indicators] | Buy/Sell Good Luck | (GOODLUCK) share price targets

Complete technical analysis of Good Luck (GOODLUCK) by charts plus indicators, forecast predictions and share price targets for Good Luck (GOODLUCK)

Good Luck trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Good Luck is 54017

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	855.05	895.95	918.00	843.35	6.753 times
27 Mon May 2024	896.30	898.30	909.90	890.00	1.117 times
24 Fri May 2024	893.60	916.05	925.00	891.00	0.801 times
23 Thu May 2024	914.35	934.75	934.75	911.65	1.042 times
22 Wed May 2024	930.75	949.00	949.00	919.05	0.59 times
21 Tue May 2024	938.75	940.50	946.85	920.20	1.192 times
18 Sat May 2024	932.50	909.90	939.00	897.05	0.814 times
17 Fri May 2024	896.85	884.90	903.00	875.00	1.163 times
16 Thu May 2024	880.75	876.95	885.20	868.00	0.965 times
15 Wed May 2024	875.35	879.00	892.30	862.00	1.732 times

Stock of Good Luck (GOODLUCK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 869.3, but if it comes above 869.3, then a intra day buy could be more profitable.
If you take a sell trade below 869.3, then use 869.3 as stoploss and 840.8 as target. However if you take a buy trade in stock , then use 869.3 as stoploss and 893.13 as target.

Share price targets for Good Luck (GOODLUCK)

Target Type	Value
Downside Target	774.55
Downside Target	843.35
Upside Target	891.00
Upside Target	918.00
Upside Target	939.30
Upside Target	944.80
Upside Target	949.00
Upside Target	999.00
Upside Target	1011.65
Upside Target	1115.50
Upside Target	1168.75

Intraday share price targets for Good Luck (GOODLUCK)

Target Type	Value
Downside Intraday Target	826.27
Downside Intraday Target	797.48
Upside Intraday Target	900.92
Upside Intraday Target	946.78
Upside Intraday Target	872.13

Weekly technical analysis of Good Luck (GOODLUCK)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	855.05	898.30	918.00	843.35	2.171 times
24 Fri May 2024	893.60	940.50	949.00	891.00	0.552 times
18 Sat May 2024	932.50	881.20	939.00	860.05	1.201 times
10 Fri May 2024	890.25	917.00	925.00	853.30	1.144 times
03 Fri May 2024	913.20	905.50	938.20	895.55	0.57 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Good Luck (GOODLUCK)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	855.05	906.95	949.00	843.35	0.834 times
30 Tue Apr 2024	903.15	888.10	1011.65	862.15	0.746 times
28 Thu Mar 2024	874.80	980.80	999.00	774.55	1.107 times
29 Thu Feb 2024	971.10	1075.00	1115.50	939.30	0.468 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Good Luck (GOODLUCK)

Price action analysis of Good Luck ( (GOODLUCK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Good Luck ( (GOODLUCK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Good Luck ( (GOODLUCK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Good Luck ( (GOODLUCK) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Good Luck stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Good Luck in short term and the sell signal is strong.

Good Luck Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Good Luck in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Good Luck is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 883.18 and Good Luck (GOODLUCK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Good Luck (GOODLUCK) stock. Volume based technical analysis of Good Luck (GOODLUCK) stock is negative.

Good Luck Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.