mr-sky

Stock Analysis of GNFC

Long
NSE:GNFC   GUJARAT NARMADA VA
Price - 400 Dt. - 12.05.2021

Like all other Fertiliser stocks, GNFC also witnessed the profit booking today after rising more than 7% on 11th May. We are expecting GNFC to move higher from the next trading session. The stock has successfully doubled the money of the investor who invested in Feb. Still after this the stock can go up to 550.
We are expecting the stock to grow more than 10% in just a few trading days.

RSI is in the overbought zone but the stock has the energy to move up.

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