GNFC trade ideas
GNFC LongThe stock looks good for a long entry due to following reasons
1) Stock is at a demand zone from which we have seen significant rally
2) Though the stock is forming new lows in smaller time frame, the stock has reached an important support level
3) We are also seeing Awesome Oscillator divergence in the chart
We may see strong reversal upto the Supply zone as marked on the chart.
Disclaimer: Only for educational purpose.
GNFCCan go long in GNFC above the resistance zone i.e. 598 to 609 and RSI to clear 30 in daily time frame
GNFC | Swing trade with short SLSwing Trade opportunity.
CMP: ~ 706.55( Buy @ ~ 712.20)
SL: ~ 691
Target: ~ 750 | ~ 783 | ~ 877
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
GNFC long for swing GNFC looking good for swing trade it is in triangle pattern for 2month now is looking for breakouts if it is break 727 level then it is good for swing trade
target is 900 and stoploss is previous third candle low
GNFC #Watchlist
#GNFC (6D):-CMP 727.4 Looks Good Above 770/780, for 900++ :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
GNFC Cmp 698 dated 14-10-2022 TRIANGLE BOGNFC Cmp 698 dated 14-10-2022
1. Triangle BO above 700.
2. Volume Rise
3. RSI BO
But above 700 for target 780 SL 665
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
GNFC Chart Looks BullishGNFC Chart looks good with a beautiful breakout, technical and volume spurt
- 5 SMA Crossing 20 SMA From Below
- CCI Trending Up
- RSI Trending Up
- William %R Crossed -20 From Below
- Higher Trade and Delivery Quantity
GNFC - Taking support at the 200EMASince the past few days TDI pricess are going up..
But GNFC prices have not moved but are instead taking support at the 200EMA.
If the US CPI number does damage markets badly then this might make for an interesting long.
Long above 675 with SL below 630. A long can even be taken closer to the 200EMA (638) as long as it doesn't go below it.
GNFC***This is not a recommendation, this is just for knowledge purpose***
GNFC Ltd.
Looks good for decent upside. Reasons are,
👍200EMA support. If you try back testing this stock on 200 EMA, this stock has respected and has taken support EMA line.
👍Trendline support, formation of triangle pattern, chances of breaking down from this triangle is very less as this is also EMA 200 support.
👍Fundamentally very strong company with favourable valuation to initiate long position.
👍Dont enter with 100% capital. 25% capital fntotal capital for this stock can be used initially because macro economic circumstances.
👍SL only below trend line on closing basis.
Near Support Line. Definite BuyThe stock retested support line and all geared upto go Up.
Buy @CMP
SL: 600
Target 1: 675
Target2: 700
Target3: 740
Symmetrical triangle pattern breakout in GNFCDiscription:
Stock Name: GNFC
Chart Pattern: Symmetrical triangle pattern
Time Frame: 1D
Entry: Reversal from support level
Breakout above 755+
Targets: Reversal Target 755+
Breakout target 1180+
Good New Fancy Chemical company to ownUntil the LIC of India finishes selling to the FIIs and all others we continue to see muted performance... Technically it looks set for fireworks for some time now, all ready for the 4 digits club which is the target (1001) of the saucer breakout, RSI also poised well.... the Fibonacci target level to look out for is 1280+ which comes into play after takes out 830. If I take this trade now I will keep a stoploss of 705 and enter with a smaller position size as the stoploss is close to 10% from current price
a level to watch for GNFC has broken moving average supports and now at levels where resistance mat turned to support, if held can see first bounce till moving average. Any closing below can slide price to 200 dema.
Cup and Handle pattern Formation of Cup and Handle suggest entry above 800 with a RR of 2.5, its a positional trade good for swing and momentum too !
800 levels show is a break out of down trend which suggest bullish bias. This is a conditional trade !
GNFC Weekly Roungding BottomGNFC: CMP 485.95 - Weekly Chart = Bullish for Long Term
Perfect Rounding Bottom in GNFC Indicates Possible Breakout
Running Pattern : Rounding Bottom
Trend : Bullish
Important Support 451.00
Target : 505-518-525-547.50 ATH breakout 548.50.
CMP : 485.85
Buy@ 491 Stop loss 471.00
GNFC breakout at daily chartbreakout candidate at daily chart pattern
RSI POSOTIVE
also looking like a cup with handle pattern
GUJRAT NARNADAGUJRAT NARNADA ....
1 - forming symmetric triangle cup and handle
2 - good volume
3 - good rsi 63 momentum
4 - 6 month consolidation
5 - price forming higher low
buy above day high or cmp
t1
t2
t3
t4
symmetric triangle gives both side BO its
gives bullish BO not price will travel
to t1 and retest also to triangle
interested can buy cmp and
add at retest for target t1 , t2 , t3 , t4
GNFC - Verge of a breakoutWith TDI prices stable after having fallen already..and Ammonia + Methanol + Fert prices firing expect a breakout here.
There will be a trendline breakout if there can be a follow thru tomorrow.
Long above 785 with stoploss below 755.
