GNFC 15minGNFC Looking good for upside..
When it break level 496 and sustain.. it will go upside...
BUY GNFC @ 496
Target
1st 500
2nd 504
Enjoy trading traders.. Keep add this STOCK in your watch list..
Investor are welcome..
GNFC trade ideas
GNFC broke major support (only for future & option traders)GNFC broke major support on a daily time frame, can take short position at current price SL @ 520 TGT1 : 472,TGT2 : 449
Please choose next month expiry for positional trades.
Note : It's your hard earned money always trade with SL, I'm just sharing my analysis
GNFC 1DDate - 20/03/2023
Trend - Bullish
Pattern - Triangle / S&R
Retest - Unknown
Candle - Bullish Spinning Top
200 EMA - 595.14
TF - D
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
GNFC ltdTrend reversal, Strong fundamental company.
Short term trendline breakout.
3-4 Months time horizon.
Buy on dips activated. Until WCB below 500.
GNFC Long5/3/23
GNFC started fertilizer manufacturing and marketing operations by setting up in 1982, one of the worlds largest single-stream ammonia-urea fertilizer complexes.
GNFC has kept pace with changing times and its vision is always focused on growth. Even as the Company was implementing its fertilizer complex, plans were underway for expansion and diversification in related areas.
Our objective is to show a CSR model profitable to both Society and Corporates. We take development as our moral obligation to earn social capital.
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GNFCStrengths -
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 No Debt
Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
Tiredness -
Decline in Quarterly Net Profit with falling Profit Margin (YoY)
Declining Net Cash Flow : Companies not able to generate net cash
Recent Results: Declining Operating Profit Margin and Net Profits (YoY)
Happiness -
Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
Stock with Low PE (PE < = 10)
Hello Dosto, GNFC SELL FOR SHORT TERM So, GNFC is forming DOUBLE TOP on 15 min TF and looking weak
One can sell it below 545 5 min candle close and small SL and trail in profit
GNFC IS CONSOLIDATING AROUND 200 EMA IN 5 MIN TIMEFRAMEYou can trade in 5 min timeframe, I did not posted in 5 min timeframe because tradingview did not support it
thanks for the support guys
Short GNFC if closing below 520 after resultGNFC is showing mixed signals when seeing the chart patterns. The share is trading below the 2017 high.
If the price closes below 520 after the results are announced tomorrow, short the stock. Feb 500PE
GNFC - Potentional Breakdown.Ascending Triangle formed
Lower High structure.
Gap around 500-465
High high above 590-600 area. Can be kept as SL
#Gnfc cash : Looks good above 590.10 #Gnfc cash -Positional call
08.01.2023
Looks good above 590.10
Stoploss 565
Target 628/648
Cmp 587.60
GNFC very near to the price of 2017#GNFC (CMP 580) operates businesses mainly in the Industrial Chemicals, Fertilizers apart from the small presence of IT services.
Currently very near to the price of 2017 (550 high in 2017).
So much positive for PSUs and fertiliser comp has happened sinc then.
Can be taken with a SL of 540 (on closing basis)
Upside 20-30%
GNFC: Bullish ReversalToday NSE:GNFC is a high volume top gainer, even in this mundane market.
The 4H chart shows interesting formation:
High Volume. More than double the average.
A down trendline broken
The alligator is waking up.
Trade: Go Long with SL of 560 for a target of 600+. CMP: 575.
GNFCGNFC:- Rounding bottom pattern has been formed, breakout has also been given, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Breakdown in Gujarat Narmada Valley Fertlzrs&Chms Ltd...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
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 may go to 576 SL 545 in week time As per Harmonic PRZ pattern, GNFC has reached to Potential Reversal zone hence it may go to 576 SL 545 in week time
Gnfc retracement possibilityGnfc might retrace till 650 of 0.618 or break that as well and then continue the down side.
Can try to buy at cmp with Target of 632-650 and sl 591
Observation:
After fast down move trying to retrace slowly....
In retracement it is moving up & trying to take support at 0.618 and move up till 650
Possibility to make A=C till 650
Trend line might also support for up move
This is my view only Please make your own analysis and trade safe
GNFC : Bearish : Weekly ChartsSTOCK : NSE:GNFC
GNFC has given a Breakdown in weekly charts forming a Symetrical Triangle. Sell For Targets of 510 in Medium Term.
GNFC LONGBrilliant Bullish Setup in GNFC for medium term. Investors can grab this opportunity to make amazing returns.
GNFC: Indication of Trend Reversal
There is a steep downtrend.
After that a bullish engulfing pattern is formed exactly at Support level
The support is actually a long term support. Previously every time price reaches there get a nice support and starts little consolidation.
This time also it presents a reversal formation there.
Trade: Buy above 580, SL: 560, T: 610
Sell below 550, SL: 575, T: 520
