Gokex Jumped 4.7% today and passed the first Target price will it hit 925 now on its momentum
Gokex: Infosys Co-founder N R Narayana Murthy’s Catamaran Venture’s 1.12 percent stake pickup in Gokaldas Exports on 13th Oct
Group may also benefit from the newly signed Free Trade Agreement with UK where Infy Narayan Murthy Son-in-Law has become Prime Minister. Though this may not be related but quite interesting.
After purchase, it then took a highest price 989 Rs at around 16 Oct and thereafter started to take a dip gradually.
Today the stock rebounded and reached same price levels as of 13th Oct and with this earlier target is hit with 4.73% increase in a single day while 7% increase over 5 days.
The next price seeing the momentum should be obviously to attain peak of 989 however for that to happen it must certainly hit 925 Target first which is 7% above from today’s price. Now can it happen in 2 days seeing single day jump or will it take 5 days seeing growth of 7% in last 5 days.
Looking at this sudden momentum within short time span it looks quite possible since stock has recovered within last two weeks that it will hit 925 Target soon.
Details shared for info, please review more details on investments decisions but anyway Who are the proud owners , Congratulations if you had purchased at down trend.
Please share what prices have you kept as your targets.