GNFC coming out of consolidationGNFC coming out of 3 month consolidation with huge volumes. Looks like institution buying footprint. Medium term target of 40%.
GNFC trade ideas
GNFC @ 857 TARGET 880/890GNFC @ 857 has good long buildups hence targets of 880/890 is possible soon.
GNFC - Bearish Extreme CRAB GNFC is Rallied Continuously. Near 3.618 Extreme Level it will Cool Down
Ready For Short near 834 to 853 Level
My FIRST chart analysisHello everyone who is viewing this cart please do not trade on it otherwise you may lose.
GNFC inverse head and shoulders ....long term view .Gnfc has broken out withe inverse head and shoulder pattern in weekly time frame..can enter at 600 levels again in a pull back for the target of 900.
GNFC BUY++++NSE:GNFC
BUY AT 770
SL AT 720
TGT AT 870
this is only my analysis.
please do your our analysis.
GNFC Intraday ViewGNFC :
Intraday
Currently at resistance
Rising Wedge breakout possibility
Long above 880 with a SL 873.5
GNFC Resistance Level NSE:GNFC
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
GNFC ......long!!The stock is on up move. The sector is rising steadily and with RSI above 70 more upmove is expected. See char for targets
Target 2 achieved in GNFC. Gain of 43% Target 3 is ON.This is follow-up on Gujarat Narmada Valley Fertlzrs&Chms (GNFC). Can check link to related ideas.
Target 2 achieved. Gain of more than 43%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
Target 3 achieved in GNFC. Gain of 106% Target 4 is ON.This is follow-up on Gujarat Narmada Valley Fertlzrs&Chms ( GNFC ). Can check link to related ideas.
Target 3 achieved. Gain of more than 106%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
GNFC Ichimoku Bullish Breakout Stock Name - GNFC. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing the further strength &
More strength will be visible once it will cross the high of 825. Worth to keep in watch list for coming days
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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GNFC Breakout1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend
Quarterly sales growth of 58% and profit growth of of 124%. OPM increase from 24% to 28% and a high volume breakout makes NSE:GNFC a good buying oppourtunity. Keep a stop loss of Rs.490.
GNFC - Darvas Box formationGNFC, a strong fundamental company with great earning potential , the quality of darvas box formation is such that when a strong company forms such a formation on a long term charts i.e weekly charts the price action happens on the upside.since there is a minor pullback on weekly charts, there is a good demand zone around Rs.440.
TARGET - 540
I AM NOT AN FINANCIAL ADVISOR, ITS JUST AN VIEW AND NOT AN ADVISE.
GNFC - Ready to MovePrice already Crossed the buying Level. but trade will be only consider activated if closed below 700.00 too.
For Entry & exit use 2 hour time frame.
All study based on Harmonic pattern, fibo ratios and price action.
if found helpful then please LIKE.
#CupandHandle PatternThe stock is currently making a traditional cup and handle pattern. Aggressive traders can enter the trade. Conservative Traders wait for the pattern to breakout. #positional buy.
12 March NIFTY LOOK AHEADNifty look ahead analysis which explains the viewers about possibility of market movement in next week
GNfc congrulationAbout GNFC
Gujarat Narmada Valley Fertilizers & Chemicals Ltd., incorporated in the year 1976, is a Small Cap company (having a market cap of Rs 10,117.76 Crore) operating in Fertilisers sector.
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. key Products/Revenue Segments include Chemicals, Fertilizers and Others for the year ending 31-Mar-2021.
For the quarter ended 31-12-2021, the company has reported a Consolidated Total Income of Rs 2,428.48 Crore, up 12.76 % from last quarter Total Income of Rs 2,153.63 Crore and up 56.37 % from last year same quarter Total Income of Rs 1,553.04 Crore. Company has reported net profit after tax of Rs 538.32 Crore in latest quarter.
The company’s top management includes Mr.Anil Mukim, Mr.Pankaj Joshi, Mr.Mukesh Puri, Mrs.Gauri Kumar, Mrs.Mamta Verma, Prof.Ranjan Kumar Ghosh, Mr.Sunil Parekh, Mr.Piruz Khambatta. Company has SRBC & Co LLP as its auditors. As on 31-12-2021, the company has a total of 15.54 Crore shares outstanding.
Analysis of GNFC : Multiple Entry Point & Momentum ConfirmationThe stock is fundamental strong and technically given multiple confirmation & entry point. The analysis given below :
a) Falling Wedge: The price structure was in HL-LL and given a resistance breakout with volume.
b) Inverse Head & Shoulder: After the breakout and making new high, price was consolidating in range with neckline acting as resistance.
c) Neckline resistance broken with surge volume, confirm the breakout.
d) Retest Level: The price retrenched to neckline level and acted as support base. The inverse hammer was formed at retest level (giving sign for reversal).
e) Entry Level: The correct entry level was above high of wick in inverse hammer candle.
f) The stock got a momentum and confirmed with volume.
g) RSI Divergence and Fib Support from golden ratio.
Thanks
WEEKLY CUP AND HANDLE BREAKOUT IN GNFCWeekly cup and handle breakout in GNFC with good volume. You can consider as rounding bottom. Target 930 and stop loss below 440. Fundamentally company looks good & FII Share holding also increased from 13.75 to 17.27 in the previous quarter.
