GNFC has formed a bullish pattern on a daily chart, using 1 Day Chart frame and have a mention 3 Target. Target 1 should be achieve in a month and Target 2 , 3 in following 2-3 months. T1- 686, T2-738, T3-788 and keep your stop loss at SL-610.
GNFC has coming good buying volume, expecting a good returns in short term. Also it should be seasonal stock as monsoon is coming. Good Rally ahead, keep a watch or enter into CMP with stoploss 580
Strengths -
Strong Annual EPS Growth
Effectively using its capital to generate profit - RoCE improving in last 2 years
Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
Efficient in managing Assets to generate Profits - ROA improving since last 2 year
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with...
Gujarat Narmada Fertilizers (GNFC) NSE has Seen Triangle Pattern breakout on the Daily and 4-Hourly Charts. We are Buying NSE: GNFC in Cash Segment at 780 For the Targets of 830 And Stoploss of 759.
Reasons To Buy GNFC:
# Stock Today is trading in Momentum is trading up 2.8% at 783
# On the breakout Candle Volume is on the Higher Side.
# Stock Today Sustaining...
Kindly refer chart
The price has moved out of its support levels and one could expect the levels of 900 over a period of time, hence would place this for a long term view.
On the shorter front we could look at this from an intraday point of view and look for the immediate targets of 620 levels
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...
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...
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.
