J_ankit

GNFC | 5 year resistance breakout acting as support level

Pembelian
J_ankit Diupdate   
NSE:GNFC   GUJARAT NARMADA VA
After the five year resistance breakout, the stock given significant return and retrenched to 50% fib level.

In chart, falling wedge breakout is visible and momentum strength confirmed multiple factor i.e., ema, volume and rsi.

Entry at current level, Stop loss below Rs 580 and Target 1 & 2 pointed in chart.

Thanks
-AJ

Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.



Komentar:
Weekly Chart:

Daily Chart:

Technical Indicator:
Komentar:
entry above trendline

Komentar:
15 min chart

Komentar:
Big fall due to weak financial results.

Key Crucial Level Rs 584.

Komentar:
Support - Rs 584 ; Resistance - Rs 606

Trading ditutup: stop tercapai:
technical was favourable but weak financial results made sentiment very negative.

😔😔
Trade aktif:
volume breakout !!
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