GNFC Breakout
Updated
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend
Quarterly sales growth of 58% and profit growth of of 124%. OPM increase from 24% to 28% and a high volume breakout makes
GNFC a good buying oppourtunity. Keep a stop loss of Rs.490.
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend
Quarterly sales growth of 58% and profit growth of of 124%. OPM increase from 24% to 28% and a high volume breakout makes
GNFC a good buying oppourtunity. Keep a stop loss of Rs.490.Note
If GNFC closes above previous day high and near the top then stop loss should be increased from Rs.490 to Rs.500 or just below thatNote
What a move by GNFC!!! Buy given at Rs.515 on Feb 7th.Note
Another big move by GNFC. Buy call given on February 7th.Note
GNFC up by another 5%. What a share!!!👌👌👌
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