CATCHING THE BLUECHIP EARLY
GNFC is a bluechip company manufacturing fertilisers and chemicals. Today, it is 5% up.
On weekly chart, it's about to complete an inverted head n shoulder pattern. The pattern will complete once it gets at 800 to complete the right hand shoulder. You can put a stop loss at 630. CMP 691.90. The target of inverse HNS pattern will be 1100( Long Term).
Disclaimer: I'm not a SEBI registered analyst. This idea has been put only for educational purpose. Please consult your financial advisor before investing.
On weekly chart, it's about to complete an inverted head n shoulder pattern. The pattern will complete once it gets at 800 to complete the right hand shoulder. You can put a stop loss at 630. CMP 691.90. The target of inverse HNS pattern will be 1100( Long Term).
Disclaimer: I'm not a SEBI registered analyst. This idea has been put only for educational purpose. Please consult your financial advisor before investing.
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