Swing Trade - Breakout of Resistance - GNFCShort term analysis of GNFC
buy above 722
SL : 677.95
Target : 831.75
Risk to reward - 1:2.5
GNFC trade ideas
GNFCwe are looking GNFC bullish move.
this is not a trade advice. we are sharing this for only education purpose only.
GNFCGNFC made rounding bottom & breaking out of its monthly high with very good volumes.
Could be bought with mentioned stoploss & targets.
GNFC - short term tradeBuy 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 - flag formationFlag formation on weekly chart
wait for breakout, markets weak, chances of a fake out.
intrinsic value 900+, P/E 9, no excessive debts
for education purposes only
GNFC 650-800 Candidate, Stock looks good on chart and have delivered highest ever Q2 best results
Please consult with your advisor before investing
GNFC - how far can it go?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
GNFC BreakoutThe 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.
Swing Trading Beginning in this StockPrevious High High Breakout seen in this Stock and RSI has been bullish with good strength ( I am not Suggest for buying this Stock)
GNFC LOOKING BULLISHRsi above 60 which indicate bullish zone
Price has close above uppar bollingerband which indicate high volatile
GNFC to fly, Fresh BO will take it to the sky.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: Good to accumulate for positional returnsGNFC: Not to miss accumulating on all dips. Preferably around 425 so Risk : Reward is better. Formed same Inv H&S price action pattern twice & at same point. Volumes are satisfactory. Price trading above all key moving averages. Presently oscillators are neutral. Can expect fierce move above 500 as it is breakout point. Keep eyes !!!
gnfcIndia is in its first government-to-government negotiations with Russia for the long-term supply of fertilizers
www.livemint.com
GNFC FOR LONG 10% TARGET OPENGnfc triple bottOM breakout, trendline breakout , adx di green crossed red and blue in bottom , stochastic rsi good , bollinger breakout, double buy today , fib 0.6 support, kind of falling wedge breakout, weekly candle extremely bullish ,
ENTRY - 454
TARGET - 499.4
SL - 408.6
Chemical + Fertilizer theme GNFC is well placed to take advantage of the current China + 1 Theme, Many of its products are import substitutes. It has broke all the resistance levels and is now well placed to cross ATH. After this, sky is blue for the stock.
Popped out of channel.GNFC had been trading in the channel for some time - just some time back it BO'd out of the channel...targets marked in red. This is an idea, not a recommendation.
