GNFC has given a very strong weekly closing on Friday.600-610 was acting as a strong resistance and the stock has managed to close above it. A trendline breakout is also seen in the stock.
The chart is showing strong bullish trend after retesting the weekly demand zone of 500-520 followed by strong reversal from weekly support trendline.
Positional traders can buy the stock at CMP and add on dips till 580 with an SL of 530 DCB.
Targets are 730, 780, 900++.
Chemical stocks, have shown good bullish trend in past few days and GNFC can continue the rally even further.
Idea shared strictly for educational purposes.
The chart is showing strong bullish trend after retesting the weekly demand zone of 500-520 followed by strong reversal from weekly support trendline.
Positional traders can buy the stock at CMP and add on dips till 580 with an SL of 530 DCB.
Targets are 730, 780, 900++.
Chemical stocks, have shown good bullish trend in past few days and GNFC can continue the rally even further.
Idea shared strictly for educational purposes.
노트
Taget 1 of 730 achieved.+30rs dividend/share
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T2 of 780 achieved. Stock heading towards T3 to make new ATHEnjoy the pre budget fertilizer stock rally
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.