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Rajneesh Sharma CFTe

8th Jul 2025 Ā· SEBI-Registered Analyst

🧵 Gokaldas Exports – Approaching Key Resistance Re-Test

GOKEX
šŸ” Technical Snapshot Price currently around ₹953.50. Testing a horizontal resistance zone near ₹986 — a level that has rejected price multiple times before. Previously broken rising wedge trendline now acting as dynamic resistance. šŸ”„ Structure Check Support holding near ₹830–835. Pattern suggests a make-or-break juncture — reclaim of ₹986 may lead to fresh momentum. Failure to break could trap bulls and send it back toward the support. šŸ“Œ What to Watch Weekly close above ₹986 = bullish trigger for next leg higher. Any rejection can offer tactical short or wait-for-dip opportunity near ₹830. šŸ“¢ Disclaimer: This is for informational purposes only. Not a buy/sell recommendation. Positions may or may not be held. šŸ§‘ā€šŸ’¼ Rajneesh Sharma is a SEBI-registered Research Analyst (INH000020332). šŸ“„ Investments are subject to market risks. Read all related documents carefully.

#WatchOutFor#SectorBreakouts#TrendingSectors#TechnicalViews
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