GUJARAT NARMADA VA

NSE

GNFC

GNFC: price are not able to break the down trend line, strength is also weak for breakout, with the last dip to 240 level couple of weeks back has limited the downward level making it as support area. May be some fundamental event can trigger upward momentum. It's a investment worth script. FA guidance required.

If it clear the barrier marked in red between 322 n 330, then target of 360 is on the way

T

GNFC Today's close : 290.95 Tg : 303, 309, 317 SL : 278

On a long term chart, GNFC has retraced 61.8% of the move from 53 to 548 and rising RSI from an oversold region indicates a bounce that could take it to levels of 300/320. One may buy on dips with a SL of 230 and targets mentioned. It is a short term/Medium term call.

Watch Mode

see the chart above.

TGC is active CCI(D) crosses 100 Retracement from critical fibo levels Pinbar range broken with strength Crosses 38.2 fibo Big BO1 is active

educational purpose only

buy above 417.25 target 445.25 time frame 22 TDs stoploss:408.25

Disclaimer.. not invested.. not an investing/trading recommendation

GNFC can be long abv 510 on closing stp 465 tgt trail stop

Case Study for duration / accumulation / momentum

NSE:GNFCBSE:GNFC Disclaimer.. invested

looks like a 20 sma breakout. entered at 410 target open.

maintrend up

Reversal confirmation CCI(W/M) >100 Gap Support Volume Support Retracing from 50%fibo Target 626 SL 435

Stock after a great up move corrected and took support at Fibonacci level. Its also taking resistance at Fib Level and for next move need to cross that. Buy on close above 452 for target of target of 480 and more.