GNFC View --- Bounce Back from Strong SupportGNFC : Bouncing from strong support
Fell as per double Top pattern and bouncing back
435 Strong Suport
GNFC trade ideas
Near all time high, good base formationNear all time high, good base formation.
Relative strong in current market.
GNFC LOOKS STRONG buy 500-503 T1 515 T2 525 T2 540 SL 475 -DKM SIR
buy as per your risk
i can see the big upmove
BADAWALA ROUNDING BOTTOM dosto
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.
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Retest Done !!!This stock gave breakout few days before, Now its tested support level .
Volume also looking good. Safe enter after 495.
This is only for educational purpose. do your own analyze before trade.
GNFC - Decisive Breakout possibilityGNFC:
Need to break the resistance
Closing above 500 (atleast 1 hour candle) is crucial for further upmove
GNFC Trade Setup GNFC Intraday Trade Setup
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Repetetive pattern suggests a good rally can comeThe stock has always given a good rally after Flag/trendline breakouts. Today again it has given a breakout with volume.
Buy above 488 level for first positional target of ATH (548)
Learn & Earn,
Dr. Tanya Kumar
GNFC Another Low Debt Midcap good for longGNFC is also one of the low debt midcap company. Being a midcap it offer high growth potential and low debt offers you a bit of stability. As you can see on chart, its only 100 rs or 22% down from its all time high. Its also taking support of the projection drawn. A good buy and addition to ypur portfolio if entered correctly. Best Luck.
Tie up your seatbelts...flight is taking place in some time.Please analyse the chart yourself and take trade according to it.
GNFC BULLISH SETUPGNFC BULLISH SETUP : reverse candle with above average volume and good fundamentals, FII increased stake.
Swing Opportunity in GNFCGo Long above 418.75 for Targets of443.5, 468.25, and 493 with SL 394
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. Also there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
go long on GNFCstock completed the abc correction......todays low is at the cofluence of pitchfork median, 100 SMA, 1.382 fib. extension of AB leg and fib. time extension of 1.0
GNFC--Cup Accumulation-- LongBreaking the Cup shaped Accumulation with strong fundamentals and growth. Can hold for 2-3 months to see a decent upmove
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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