trendline19

GNFC very near to the price of 2017

Long
NSE:GNFC   GUJARAT NARMADA VA
#GNFC (CMP 580) operates businesses mainly in the Industrial Chemicals, Fertilizers apart from the small presence of IT services.
Currently very near to the price of 2017 (550 high in 2017).
So much positive for PSUs and fertiliser comp has happened sinc then.
Can be taken with a SL of 540 (on closing basis)
Upside 20-30%

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.