GNFC trade ideas
Buy GNFC buy above 378 sl 340 TRG 423 "this only for study"Buy GNFC buy above 378 sl 340 TRG 423 "this only for study purpose"
Chance of breakout in gnfcPitrosky 8
ATH is Oct 2017
Cmp is 32% below ATH
Stock is creating higher high and higher lows...
Trading in a channel..
Watch lower channel ...if it takes support..go for a buy...
keep a tight stop loss too..
Not a stock recommendation
BUY GNFC: Ascending Triangle FormationBUY 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**
Inverse Head and Shoulder Formation in GNFCInverse Head and Shoulder Formation in GNFC on weekly charts.
Above 255 we may see 320-330 levels.
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational and educational purposes only and does not constitute financial advice.
BreakoutBreakout is found in weekly chart. Good volume is shown below. Trade can be seen in times to come.
Inverted H & S pattern Breakout in GNFC.👉Inverted H & S pattern Breakout in GNFC.
👉Trading above all moving averages.
👉Company has reduced debt.
👉Company is almost debt free.
👉Stock is trading at 0.71 times its book value.
Best technofunda stock.
GNFC - LongGNFC CMP - 210.15
Looking bullish in higher time frame. One can go for Swing Trade setup with the following entry, exit & targets
Buy range 210 - 211 / Stop Loss - 204
Target 1 - 213
Target 2 - 217
Target 3 - 221 / 230
Disclaimer: This is my view and for educational purpose only.
GNFC220-225 LEVELS NEED TO HOLD, IF YES THEN 232, 238, 246 AND 258 CAN BE SEEN IN COMING DAYS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Rising Wedge pattern GNFCThe stock is in the rising wedge pattern respecting the support so far, may go long for target of 240, stop loss 155
