Weekly cup and handle breakout in GNFC with good volume. You can consider as rounding bottom. Target 930 and stop loss below 440. Fundamentally company looks good & FII Share holding also increased from 13.75 to 17.27 in the previous quarter.
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.
#GNFC is breakout done for long with volume built-up target @670/770
Gujarat 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 @...
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...
Rounding 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...
If 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...
GNFC Intraday Trade Setup HIT the like button this motivate us to make more such analysis For more such trading content follow us on ( @tradechefofficial )
GNFC BULLISH SETUP : reverse candle with above average volume and good fundamentals, FII increased stake.
Breaking the Cup shaped Accumulation with strong fundamentals and growth. Can hold for 2-3 months to see a decent upmove
The 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. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if...
The 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). Please follow us for more trading setups like these. If you have any...
Wedge breakout in Gujarat Narmada Valley Fertilizers and Chemicals Ltd.
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.
NSE:GNFC Stock is on the verge of Breakout If the Stock Cross 390 Entry can be made for Target of 420. Stop loss 370. It has increasing volumes for past two days.
CMP-327 SL- 309 (close) Target- 400 30/8/21 - On crucial 200EMA support - After breakout good consolidation occurred - Closing above 333, can add more -Trendline + Support + 200 EMA confluence - Strong fundamental company - Delivery Volumes have been have been impressive - RSI divergence can be seen on 4H tf
gnfc chart analysis for intraday and swing trading
VCP pattern in play Overhead Res near 125 If breaks with good volume Can go long above 125 With Sl below 115