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aquarianup
May 8, 2023 8:01 PM

GNFC, Bullish, Target 620 Long

GUJARAT NARMADA VANSE

Description

The stock looks bullish, though below 200EMA, have given channel break
out with huge volumes along with inverse Head & Shoulder formation. After
200EMA has the strong resistance zone which is breached can provide new
higher targets.

Trade active

Today stock reached intra-day high of 625 as per the original target.

Trade closed: target reached

Stock reached the target 620 on 11th May, reached high of 665 on 18th May and retraced.
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