GNFC high probability positive breakout
High Probability Breakout / Positional Setup:
Technicals:
- Trendline is respected
- HH and HL since last few weeks.
- Very near the triangle Squeeze
- RSI made HH, price is showing LH
Fundamentals:
-Almost Zero Debt
-Borrowings reduced from 860Cr to 4Cr last year
-Highest TTM EPS
-Highest Profit Margin Last Qtr
Initial Buy levels - 353-354
S/L - 329
Add more above each resistance break
Targets :
- Trail your S/L and leave it to the Market.
Technicals:
- Trendline is respected
- HH and HL since last few weeks.
- Very near the triangle Squeeze
- RSI made HH, price is showing LH
Fundamentals:
-Almost Zero Debt
-Borrowings reduced from 860Cr to 4Cr last year
-Highest TTM EPS
-Highest Profit Margin Last Qtr
Initial Buy levels - 353-354
S/L - 329
Add more above each resistance break
Targets :
- Trail your S/L and leave it to the Market.
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