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GNFC By KRS Charts

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NSE:GNFC   GUJARAT NARMADA VA
Date: 20th June 2024
Time: 1:45 pm


WHY BULLISH ON GNFC ?

1. On Daily TF it clearly shows and Successfully Breakout W pattern or Double Bottom Pattern with Strong Volume Green Candle.

2. On Weekly TF C&H Chart Pattern is clearly visible once its breakout with big candle with Good Volume, Long term Target on GNFC will be ~1137 Rs.

3. To support both the above points 100 EMA is right underneath and Price has taken support from 100 EMA multiple times.

So, First Target as per W pattern will be 868 Rs. for short term investors while for Long Term Investors Target will be 1137 once it breaks out.

Thank You!!
Komen:
If profit booking happens than 750 to 740 Rs can be better Entry.
Komen:
Averaging,
Gap down for to hit SLs
Komen:
690 Rs will be the final SL
Because this fall can be 'Shakeout before Breakout'.
Dagangan ditutup: hentian tercapai

Penafian

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