GNFC looks weak here as *price took support 4 times (marked) and broke support today *price also took support on key MAs many times and finally broke it with gap *after gap, price again tried to go above MAs but failed and broke support Only positive thing is that price is still above 200WMA
The idea here is about GNFC (Gujarat Narmada Valley Fertilizers & Chemicals Ltd): Gujarat Narmada Valley Fertilizers & Chemicals Ltd.is engaged in the manufacturing and marketing of chemicals, fertilizers and information technology.The products and services offered by the company include Fertilizers- GNFC is one the leaders in the domestic fertilisers industry....
Gujarat Narmada Valley Fertilizers & Chemicals Ltd. This is stock is trading in triangle pattern in weekly chart time frame. It is a good fundamental stock. FII holding last year dec 17% but now 22% share holding of this stock. This is not any call or trade suggestion. Purely my own analysis and study purpose sharing this view.
FC - Gujarat Narmada Valley Fertilizers & Chemicals Ltd. today ema9: 600.90 ema20: 638.10 ema50: 669.55 ema100: 676.55 ema200: 645.15 ROE 5yr: 17% Strong EPS growth over the last 5yrs ROCE 5Yr: 20% Debt to Equity: Zero Strong cash flow from operations in the last 2yrs Increasing Annual Net profit Pledged percentage: Zero A good growth stock which should realise...
NSE:GNFC Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Gnfc is in triangle pattern as you see you can buy on trendline breakout
📊 Script: GNFC (Gujarat Narmada Valley Fertilizers & Chemicals Limited) 📊 Nifty50 Stock: NO 📊 Sector: Chemicals, Agricultural 📈 GNFC was facing resistance around 700 level. 📈 Right now RSI is around 71. 🟢 Target 🎯🏆 - 830 ⚠️ Stoploss ☠️🚫 - 672 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am...
GNFC is a potential candidate for strong reversal. Keep it on your radar!
1. MT Outlook: Long Buildup 2. Breakout of "W" pattern in daily time frame 3. Symmetric Triangle Pattern in weekly time frame Entry: Upside break of the triangle Stop-loss: Downside break of the triangle Target: 885-905(Confluence of Pivot R3) For a bit longer term, we can also see a target of 65%-68% from the breakout of triangle NOTE: I am more interested to...
*This idea is for learning motive only, if you want to trade then trade with your own risk, proper money and risk management.
look like an upside opportunity for 650,670,690 and 700 and good accumulation up to 630 closing below make an exit
GNFC is forming a cup and handle formation on weekly charts. Keep it on your radar!
GNFC 756 SL 730 Target 800/900+ Swing trading Safe traders wait for buy above 760
Gnfc breakout with a high volume Fibonacci 6.1% support Rsi divergence Target 800 ❤️❤️❤️
GNFC is a strong reversal stock that is trading at its immediate resistance level. Once the breakout zone is broken with good volume one can expect a sharp move in it.
GNFC showing Good volumes , Short term target 840 .