GNFC moving out very niceGNFC moving out very nice opportunity to get.
GNFC has good volume plus has tail wind
GNFC trade ideas
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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Is it right time to enter GNFC for 70% gains?breakout of cup and handle on a weekly chart.
enter here and see how you get 70% return in 1-1.5 years(NOT A SHORT TERM PICK)
enter at cmp
SL- 320
target - 500
target for long term 675-700
LOOKING GOOD AT THIS LEVEL TOOAs per long term chart showing good upside from here can go to 490
Place stop Loss at 415
Towards new high after rounding bottomStock after forming rounding bottom at around 90-100 levels, has now also broken the resistance of 395-400 levels. Now any retracement towards 400-395 levels, would a good buying opportunity and new high can be achieved in coming months. Also, it can considered for long term bet, as portfolio stock, as it has more institutional investors participation, with promoters as majority stake holders.
ATH breakoutPrices of Ethyl acetate and Acetic Acid have increased in last week which might ensure some rally is there. The stock is hardly trading at pe of 8 with strong Cash flows seen in last 4 quarters.
Good Volumes were seen in last few days after a gap of few months
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.
GNFC on breakoutVolume and recent price action is in favour of stock. Can we afford to ignore this rally?
Gujarat Narmada Valley Fertilizers & Chemicals Ltd - BreakoutNSE: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.
FOR LEARNING PURPOSE ONLY1.Breakout Given On Daily Timeframe . ✈️✈️
2.Good Volume. ✈️✈️
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Looking bullish from hereThe stock has given a trendline breakout and looks good above 390 level for a target of 420
GNFC high probability positive breakoutHigh Probability Breakout / Positional Setup:
Technicals:
- Trendline is respected
- HH and HL since last few weeks.
- Very near the triangle Squeeze
- RSI made HH, price is showing LH
Fundamentals:
-Almost Zero Debt
-Borrowings reduced from 860Cr to 4Cr last year
-Highest TTM EPS
-Highest Profit Margin Last Qtr
Initial Buy levels - 353-354
S/L - 329
Add more above each resistance break
Targets :
- Trail your S/L and leave it to the Market.
View#2 for cup and handle formationEarlier i have shared a view of short cup and handle. but on higher view there's another cup and handle formation in process.
GNFC | Strong fundamental company | Consolidated till 200EMACMP-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 Ready for big move
Stock : #GNFC
Buy Option 1 : Buy @ 378 to 379 (Medium Risk)
Buy Option 2 : Buy @ 362 to 365 (Medium Risk)
Buy Option 3 : Buy @ 388 to 392 (Medium Risk)
Stop Loss : below 349 or As per your risk profile
Risk : Low
Duration : 1 to 4 Months.
Go Long On GNFC
Looking good pattern.
Good to go long with small risk NSE:GNFC
Good Flag and pole breakout is seen.
Good target ahead.
