NSE:GSFC
✅ #GSFC trading above Resistance of 234
✅ Next Resistance is at 309
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is...
Another PSU Gujarat State Fertilizers & Chemicals ltd a government company has given long 1.5 year Consolidation Breakout with good amount of volume. fundamental is also good you can check on below link... ( www.screener.in )
CMP : 186
TG : 240
SL : Below 21 daily EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume,...
Gujarat State Fertilizers & Chemicals Ltd is currently trading at 174.
The price is currently trading above its 20 & 50 EMA'S supported with rising volumes.
If stocks holds to 165-170 levels a possible upside movement is expected.
Targets t1 of previous high that is 199 and t2 of all time high 230 is expected.
Immediate support levels are 165 and 140...
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
🚀 Don't miss this swing trading opportunity in GSFC! The ascending triangle pattern is breaking out with a volume spike, indicating potential upward movement. Explore this buy-trade setup now.
#SwingTrading #StockAnalysis
stock history is rounding bottom breakout and forming rounding bottom and continue.
as per history data rounding bottom breakout completed. now the stock could form the consolidation phase( parallel channel).
wait for the channel breakout for bull entry.
this week i expect the short trend target - s2 till support.
this week weekly cpr narrow range.
GSFC looks like a 6 year cup and handle pattern breakout and almost its all time high. Weekly RSI is above 60 which clearly indicates that the stock is showing good momentum to play and if you apply Bollinger band, you come to know that volatility is also there. One can go with this stock for a short term tgt of 199, mid term tgt of 230 and long term tgt of 299....
Company with 0 Debt , 1200cr Cash balance, has good MTM 1000cr+ profit in investments made, and even at lowest Operating profit levels the company can generate around 600cr Free cash flow
Target - 230 to 240
+ve triggers - China Urea Ban, Buyback/Dividend (Since cash bal is >1000cr)
In the Weekly Chart of GSFC ,
we can see that, after the Failure of Cup & Handle, It has shown recovery with Pole & Flag breakout.
Possible momentums are shown in charts.
NSE:GSFC
one can research this setup for 30% to 40% gains
cmp is 174.65
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine...
