we are looking GNFC bullish move. this is not a trade advice. we are sharing this for only education purpose only.
Buy GNFC @/above 657 Intraday/Short term Target 689 Stop Loss 650 Profit approx. 5% Medium term Target 912 Stop Loss 635/below Profit approx. 38%
GNFC SHORT At resistance levels. Expecting shorts in short term. No recommendations.
Stock looks good on chart and have delivered highest ever Q2 best results Please consult with your advisor before investing
GNFC - Looks strong on a chart. Already on breakout and closing above trendline. It has potential to hit 800 - 1200. Still buy at this price - with SL 625 or 660
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Sometimes if may test your patience but eventually in most cases target will be hit. Today GNFC CMP 515.55 closed above the target given in November. GNFC was first given last year near 269 levels. GNFC today made a peak of 535. If it manages to cross 535. GNFC can go towards 555/561 levels. Consider 490 as new trailing stop loss.
GNFC is clearly in uptrend & could touch first target of 485 soon.
BUY GNFC: The stock has been in uptrend and has formed a Ascending triangle pattern, which further confirms its upside. The stock is currently at 311, buy the stock at current levels and hold for targets of 370-373 , which is roughly 20% from current levels. Keep stop loss of 294. ***ideas are my own** Take risk as per your risk taking appetite**