GNFC trade ideas
GNFC- Consolidation before breakout GNFC consolidated for approximately an year and now consolidating at the breakout levels.
Stock can give 860/980 levels
Triangle Pattern breakout in GNFC. 5% dividend.GNFC Triangle pattern breakout in weekly timeframe.
I'm targeting buy at 563 with 10% target.
GNFC announced 5% dividend which will be a BULL factor for a move.
GNFC INTRADAY PICK for 07-12-2023INTRADAY TRADE
GNFC Looks Good ABOVE 750
SL 710
Targets 759-772-785-824 points from entry
Hold few Months
Please consult your financial advisor before investing
All research for educational purposes only.
GNFC: Fertile enough?The counter looks ripe, the VCP has formed over a long period, we can notice the BO with above average volumes, it has done the retest too, now it needs to close above 707 on daily basis to confirm the BO, this can take it to ATH minimum, a medium term view.
GNFC looking for the next big moveGNFC making a cup and handle pattern at 30 minutes timeframe, all other big timeframes are bullish, so we can go ahead in the same direction.
Reversal Bearish Flag pattern in GNFCGujarat Narmada Valley Fertilizers & Chemicals Limited
Key highlights: 💡⚡
📈 On 1week Time Frame Stock Showing Reversal of Bearish Flag Pattern.
📈 It can give movement upto the Reversal Final target of Below 562-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 142-.
📈 Can Go short in this stock by placing a stop loss Above 738+.
GNFCThis swing trading idea's which you can add your watchlist and analysis for yourself!
These ideas only education purpose!
I am not sebi ragister!
GNFC: fertile enough?VCP Breakout, good volume on daily BO. Need closure above 666 on weekly basis. if sustains, mid term tp is 800.
Getting Ready For Big MoveGNFC Stock Weekly Chart Analysis
Keep at The Top Of Watchlist
Nearing TRR
Watch out for Breakout, fail to do so will re-test the green TSR to form Reverse H&S
Resistance Range- 800 to 814
Follow For More Such Analysis
GNFC (CLEAR BREAK OUT)Little late post may consider for buying if some retracement in the price. if price got near 650 range. then it will be gud buy.
Range breakout supported by gud volume and both the key moving average.
Bullish army showing strength.
SL 600 AND Target will be all time high.
it has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
Cup & Handle pattern in GNFC at 1hrGNFC making a cup and handle pattern at 1 hour timeframe, all this happening at 1D timeframe support level, low risk trade
GNFC looking good for SWINGGNFC is looking good for a swing. Risk: Reward - 1:4
Wait for a pullback and go with it.
Wizard Levels/Zones
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
GNFC ( Falling Wedge)After consolidating for more than one year its about to give a weekly breakout.If price breaks and close above its resistance area i.e 625-640 on daily time frame , we can see potentail longing opportunity in coming trading sessions with short term targets i.e 700 and 750 .
GNFC LONG Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
Request your support and engagement by liking and commenting & follow to provide encouragement.
Just like union bank Bullish Delivery This share is also inside the trapped orderflow and it came to the lower quaderent and showed the displacement forming a BB,
The Draw on liq is the D-BSL inside the upper quaderent and the Void.
I want this delivery just like the delivery took place in Union Bank, straight to Haven to the target 620 a good 10% gain from here
GNFC longChart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
Request your support and engagement by liking and commenting & follow to provide encouragement.
Triangle pattern Reversal in GUJRAT NARMADA Gujarat Narmada Valley Fertilizers & Chemicals Limited
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of triangle Pattern.
📊 It can give movement upto the Reversal target of Above 606+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 665+.
📊 Can Go Short in this stock by placing stop loss below 570- or last swing Low.
GNFC...go long for 30%upsideAfter recent amendment in Gujarat based companies. The GNFC is having a lower PE of 6 against industry PE of 10, with book value of 585 hence at current market price of 600 it's trading equivalent to its book value with significant cash and cash equivalents.
That's why they have given decent dividend as well. And in coming time say 9-12months there is a high probability of issuing bonus or further good interim dividend. This will propagate it's value to above book value with conservative upside of minimum 20% to 700-750 in an year making its lucrative buy at these level and avg till 535-550.
GNFC ViewsThis script has returned to value area after traveling 75% of the range. Now, if the value area is held, we can see target for study purpose.
GNFC–Bullish BreakoutKey Points:
- Bullish Breakout
- RSI > 70
- 50,100,200 EMA crossed and good potential of up-move
- Good Volume
- Keep in folio for longer term
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only
GNFCBuy Above :- 595
Stop loss :- 522
Target:- 635
Time :- 45 trading days
This company is been jointly promoted by the government of gujarat & gujarat fertilizers chemicals
