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GOODLUCK· Materials› Iron & Steel

Goodluck India Ltd

Stage 2 · Advancing · week 24Setup 8.4 ★★★ PrimeSolid +3.1

As of 16 Oct 2026, Goodluck India is in Stage 2 — advancing, the uptrend phase, in week 24 (since 6 May 2026). It closed at ₹593, 0.6% below its 52-week high and above its 200-day average, which is rising. In Materials, 33.6% of stocks are in Stage 2.

Goodluck India Limited manufactures and supplies precision engineering and steel products in India. More about the company

₹593.1
+2.75% today
₹5,914 Cr · Mid cap
Market Neutral — FadingMaterials 33.6% in Stage 2-2.9 pts / 20dIron & Steel 36.7%+1.3 pts

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

8.4 ★★★ Prime

Momentum

Accelerating ⇈

Edge

Solid +3.1

Setup-score rank among Stage 2 peers: #3 of 29 in Iron & Steel · #6 of 153 in Materials

Is GOODLUCK early, or has it already run? Pro answers that for every NSE stock, after every close.

Loading price chart…
vs 52W High
-0.6%
₹306 lo₹596.4 hi
Near 52W high
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 24
1w13w26w
Week 24 — proven structure, sweet spot
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
36.1%
200 DMA: ₹435.6 · rising
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.69x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↑ ⇈
Accelerating · MA20 +3.5% vs MA50 +1.4% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+16.4%
3M
+15.3%
6M
+50.2%
YTD
+68.5%
1Y
+38.5%
Sector
Materials
↓ Peaking
Stage 2%
33.6%
20d Δ
-2.9pp
1M return
-1.6%
3M return
-2.6%
Sector Stage-2 % · last 20 days
This stock ranks #51 of 151 Stage 2 stocks in Materials by RS.
Industry
Iron & Steel
↑ Building
Stage 2%
36.7%
20d Δ
+1.3pp
1M return
-0.1%
3M return
+2.9%
Industry Stage-2 % · last 20 days
Ranks #13 of 28 Stage 2 stocks in this industry.
Stage Cycle Timeline2023-07-21 → 2026-10-16
S2 33w
S4 19w
S2 24w
S2 23w
2023-07-212026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 1w → S2 33w → S3 12w → S2 4w → S3 1w → S1 6w → S2 10w → S3 7w → S4 19w → S1 6w → S2 24w → S3 9w → S4 1w → S1 4w → S4 4w → S1 1w → S2 23w current
Total tracked: 167 weeks across 17 stage runs.
Scan Membership
Prop Scan
Latest: 2026-10-16
Pullback Hunter
Latest: 2026-10-08
Breakout Watch
Latest: 2026-05-06
24 appearances in last 60 days. First seen: 2024-06-14.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-16S2
Wk 24 · Vol 0.69x
2026-10-15S2
Wk 23 · Vol 1.85x
2026-10-14S2
Wk 23 · Vol 2.08x
2026-10-13S2
Wk 23 · Vol 6.95x
2026-10-12S2
Wk 23 · Vol 11.88x
2026-10-09S2
Wk 23 · Vol 0.33x
2026-10-08S2
Wk 22 · Vol 0.85x
2026-10-07S2
Wk 22 · Vol 0.35x
2026-10-06S2
Wk 22 · Vol 0.29x
2026-10-05S2
Wk 22 · Vol 0.62x
2026-10-01S2
Wk 22 · Vol 0.97x
2026-09-30S2
Wk 21 · Vol 0.39x
Sector Peers — Stage 2All →
OCCLLTD
wk 17 · -16.3% from hi
9.0
MUKANDLTD
wk 21 · -7.5% from hi
8.9
SUNFLAG
wk 3 · -9.3% from hi
8.8
CUBEXTUB
wk 2 · 0.0% from hi
8.7
NRL
wk 17 · 0.0% from hi
8.6
Moving averages & range
50 DMA
₹496.1
200 DMA
₹435.6
52W High
₹596.4
52W Low
₹306
5D Low
₹566.4
Resistance levels (recent highs)
20d High
₹596.4
60d High
₹596.4
120d High
₹596.4
250d High
₹596.4
Next resistance
+0.6%
to 20d High
P/E (TTM)
27.0
Forward 13.5
Earnings Growth (YoY)
+5.9%
Revenue +10.1%
Dividend Yield
0.49%
P/B 3.4
About this companyMaterials· Iron & Steel

Goodluck India Limited manufactures and supplies precision engineering and steel products in India. The company provides electric resistance welded and cold drawn welded tubes, custom forgings, power and telecom towers, solar structures, ERW hot dip galvanized pipes, black pipes, black and GI hollow sections, cold formed profile, road safety products, galvanized plain, corrugated sheets, CR coils, CRCA sheets and pipes, forgings and flanges, telecom and transmission line towers, substation structure, road and railways bridge, and road safety equipment. It offers two-wheeler frame, hydraulic cylinder, boiler, crash bumper, engine mounting, and exhaust tubes; CBQ pressure outers; TFF-front fork; drive shaft; rear axles; sections; control arms; fuel lines; furniture; section pipes; and cycle frame, forks, and hub tubes. In addition, the company provides stub-ends/collors, spectacle blind, valve/SRN nozzle, and tube sheet for oil and gas applications; forged body, block, bars, and shape forging; valve forging, ICV, MSV valve, nonstandard, and strainers; and flush ring, nut NPT, nipple, taper union, nut, assembly, and hygiene flange. Further, it offers overhead electrification and substation structure; and fabricated structures for railway and road bridges, roads and expressways, building structures, launching girder, boiler structure, and defense fabrication. The company serves clients from public and private sector OEMs, and central and state government entities. It also exports its products to the United Kingdom, the United States, South Africa, the United Arab Emirates, Germany, and France. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.