GNFC trade ideas
Bullish rounding bottom breakout on weekly charts BUY GNFC, 325, TILL 290 FOR TARGET OF 370/430. Exit below 270 on weekly closing basis. Sock closed above 200ema with bullish flag pattern breakout after making rounding bottom consolidation
Will GNFC break 3 years long trendline?The stock is testing 3 year old trendline and 340 is a very strong resistance level. Once breached it can fly to 385 levels.
Descending Channel Pattern Spotted in GNFC.Stock is in Completely Uptrend .
Price Broke the channel and took retest on Channel Resistance which turns into support.
Stock was in Corrective move and now it again going for advancing move .
Entry 301.3
Stoploss 289
Target 334
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GNFC Channel breakout with volumeDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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GNFC has rising volume and broken out of consolidation of parallel channel.
Entry on any dip or channel test 280-260 with Stop-loss 235 for target 360, 460+
GNFC when breakout resistance, immediate enter for longwhen breakout resistance, immediate enter for long
GNFC Head and Shoulders support - 50% upmove likelyGNFC has completed a Head and Shoulders pattern and is now taking support at the neckline following an upward breakout. Continued upmove can be expected once consolidation is over. Target or 350 likely i.e., a 50-60% move up
GNFC BUY FOR LONG There is a inverted head and shoulder found in GNFC and its ready to break the neckline ,Please use this chance Target is 350 Rupees
