GNFC
GNFC Resistance Level NSE:GNFC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
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Target 2 achieved in GNFC. Gain of 43% Target 3 is ON.This is follow-up on Gujarat Narmada Valley Fertlzrs&Chms (GNFC). Can check link to related ideas.
Target 2 achieved. Gain of more than 43%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 3 achieved in GNFC. Gain of 106% Target 4 is ON.This is follow-up on Gujarat Narmada Valley Fertlzrs&Chms ( GNFC ). Can check link to related ideas.
Target 3 achieved. Gain of more than 106%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GNFC Breakout1. 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 NSE:GNFC a good buying oppourtunity. Keep a stop loss of Rs.490.
GNFC - Long term potential multibaggerChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Gujarat Narmada Valley Fertilizers & Chemicals Ltd - 11.02.2022Gujarat Narmada Valley Fertilizers & Chemicals Ltd - 11.02.2022
The stock is trading @ 565.90 levels
The prices are above EMA
There is a SHOOTING STAR in Daily Chart
There is a STOCHASTIC BEARISH DIVERGENCE in Weekly Chart
There is a RSI BEARISH DIVERGENCE in Weekly Chart
Let the prices go below 555
One can initiate a SELL Position with support @ 578
watch out for the price action
GNFC - Follow up on previous post
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on GNFC. Can check link to related ideas we are now reaching Target 3.
GNFC will break 4+ Year Resistance at 500 and 550Rounding Bottom is getting completed. GNFC posted a spectacular set of results, outnumbering itself and all chemical players in the industry.
500 has been a resistance since Oct 2017, and All time high of 550 is within reach with the positive momentum.
Extremely bullish - Buy at CMP, for Target 1 @ 500, Target 2 @ 550 and rest new territory new rules. Stop loss at 5% below CMP at supportive trendline.
Triangle breakout in GNFCIf we look at the daily timeframe for GNFC , we can clearly see there is a triangle breakout with good volumes. The breakout has come almost after 4 months of consolidation inside the triangle. After the breakout, there has been a small consolidation which is really healthy for the stock. At any given day, the stock can gain momentum and rise now. It is also near to the psychological level of Rs 500. Once the stock gives closing above Rs 500 in the daily candle closing, we can see a good move. We can easily aim for 5% - 10% returns from the stock.
Do like it :) It will motivate me to write more
GNFC - Bullish BreakoutThe stock has retraced from the declining pattern with good volumes post its Quarterly Earnings.
It looks poised to cross its 52W high and touch its ATH soon.
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GNFC - Bullish BreakoutThe stock has broken out of the pattern with high volumes.
It is likely to stay bullish if it sustains over 380.
Should the trend continue, the targets are 420 and 480.
Stop loss levels can be kept basis your risk profile (use fibonacci retracement levels given in the chart for reference).
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GUJARAT NARMADA VA
Target:- 600
Stop Loss:- 377
Duration:- 10 to 12 Weeks
The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. This is basically rectangle pattern. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.