GNFC 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...
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 .
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...
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
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...
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...
After 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...
This 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.
Key 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
Buy 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
GNFC after good correction and base formation has given a breakout with high volumes of downward sloping line. This can take the script to all time highs with good risk reward.
GNFC has broken the resistance which is in the downward channel for the last 12 months. It is exactly at the 200 MA at the top which can act as a resistance as well. The red line 615 levels can also act as resistance. Keep this on radar if it crosses 620 levels, it can reach T1 is few trading days.
Hello traders i hope you are doing well. Today i will share u gujrat narmada analysis for intraday.
In the Weekly Chart of GNFC , we can see that, it taken a Halt at Support. It has shown a good correction and now it is ready for up move. Go Long.
THE IDEA WILL BE ONLY FOR STUDY PURPOSE . wait for the breakout till then keep your eye on the stock
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...