GNFC: price are not able to break the down trend line, strength is also weak for breakout, with the last dip to 240 level couple of weeks back has limited the downward level making it as support area. May be some fundamental event can trigger upward momentum.
It's a investment worth script. FA guidance required.
On a long term chart, GNFC has retraced 61.8% of the move from 53 to 548 and rising RSI from an oversold region indicates a bounce that could take it to levels of 300/320. One may buy on dips with a SL of 230 and targets mentioned.
It is a short term/Medium term call.