harish2104gowda

Gnfc retracement possibility

Long
NSE:GNFC   GUJARAT NARMADA VA
Gnfc might retrace till 650 of 0.618 or break that as well and then continue the down side.
Can try to buy at cmp with Target of 632-650 and sl 591

Observation:
After fast down move trying to retrace slowly....
In retracement it is moving up & trying to take support at 0.618 and move up till 650
Possibility to make A=C till 650
Trend line might also support for up move

This is my view only Please make your own analysis and trade safe
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