GNFC :
Fundamentals : Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 42.04% CAGR over last 5 years
Debtor days have improved from 54.20 to 26.40 days.
Technicals :
Bounce from demand zone of 560, closed above recent swing high (700)
Strong on chart.
Golden crossover happened.
Price closed above 100DMA now.
Good at CMP 721, can add more if it comes near 560- 670 range.
Targets are 750, 800, 850, 900, 1000+
Investors can hold without SL, however if one must, 380SL.
Education purpose only, not sebi registered advisor.
Saptarish Trading.
Fundamentals : Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 42.04% CAGR over last 5 years
Debtor days have improved from 54.20 to 26.40 days.
Technicals :
Bounce from demand zone of 560, closed above recent swing high (700)
Strong on chart.
Golden crossover happened.
Price closed above 100DMA now.
Good at CMP 721, can add more if it comes near 560- 670 range.
Targets are 750, 800, 850, 900, 1000+
Investors can hold without SL, however if one must, 380SL.
Education purpose only, not sebi registered advisor.
Saptarish Trading.
Trade closed: target reached:
First Target of 750 done, 780 high.
Trade closed: target reached:
almost second target too done, closed. showing weakness, exit if not yet.
