GNFC
#OSWALAGRO 33.40 Upside 17% recommended Buy - Rachit SethiaOSWALAGRO 33.40
TGT 39 +++
SL 30 --
RR ~ 2
Return 17% ++
TF < 6m
NSE:OSWALAGRO
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
GNFC 5th WaveGnfc did a 3 wave decline * held support at daily ichimoku cloud.
Now if id doesn't breaks the low of 712 we may see levels as mentioned in blue line atleast highs of 3rd wave which are 815..
Risk reward is more than 1:6..
Enter anywhere in range of 715-728
Stop loss 712
Target 815 to 888
#INSECTICID 499 TGT 656(30%) Buy Recommended - Rachit SethiaINSECTICID 499
TGT 646
SL 450
Return 30%
RR > 3
TF < 6M
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#AGROPHOS 35 Tgt 43 SL 33 @in_Tradingview Buy - Rachit SethiaAGROPHOS
CMP 35.35
TGT 43+
SL 33
Return ~ 25%
TF 6months
RR ~ 4.2
NSE:AGROPHOS
#AGROPHOS
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#UPL CMP 632 TGT 740+ Longterm more than 15% - BY RACHIT SETHIAUPL CMP 632
TGT 740 +++
SL 600
TIMEFRAME <6M
RR > 3
Return >15% +++
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
GNFC Potential BreakoutThe 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. The company manufactures and markets fertiliser such as urea, ammonium nitrophosphate and calcium ammonium nitrate under the brand NARMADA. It is also engaged in importing urea, diammonium phosphate (DAP) and muriate of potash (MOP).Chemicals- The company has also set up core chemical and petrochemical plants that manufactures products such as methanol, formic acid, nitric acid, acetic acid and many more
My view is Bullish for the below observed technical factors.
Points as per TA observed on a Weekly,Daily & Hourly Chart:
1. Contracting or symmetrical triangle observed on a weekly chart as per below:
2. Doji/Spinning top candle formation on weekly chart which indicates the continuation of trend (upward) as per below:
3. Apex point Breakout & Support established with huge breakout in volume & Bullish pin bar candle formation on a daily chart observed as per below:
4. Bullish Gartley, Bearish Anti Crab & Bullish Navarro 200 pattern formations completed within the range of contracting triangle with Gartley & Navarro 200 targets been still active on a weekly chart as per below :
5. Falling wedge observed on 1H chart with breakout & reconfirmation as per below:
6. Inverse Head & Shoulder formation in progress on 1H chart with completion of left Shoulder & Head completed with 20 & 200 EMA support established as per below :
Inverse H&S target once completed will lead to breakout of contracting triangle on weekly chart
7. Trading above 20 & 200 EMA on a weekly & 20 EMA support established on daily chart at the time of publishing.
8. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a weekly is a strong upward momentum & Daily is Neutral at the time of publishing.
9. RSI is at 52.64 on a Daily Chart and 53.03 on weekly chart at the time of publishing.
10. MACD almost touching the signal line on daily chart & below signal line on a weekly chart at the time of publishing. There is a high possibility of MACD crossover on weekly chart.
11. Hull Moving average & other averages are strong buy on daily & monthly. However Hull moving average is a sell on weekly and other averages is a Strong buy.
12. ADX ( Average directional index ) trend strength is at 14.02 on a weekly & 12.83 on daily chart, which indicates a absent or weak trend ( ADX between 0-25 is a Absent or weak trend).
13. No divergence observed.
Projected Target with %: provided in chart.
Stop Loss: provided in chart.
Entry point: Conservative trades can wait for breakout & retest of contracting triangle. Aggressive & risk trades can enter at CMP.
Note: The center has approved an additional Subsidy on fertilizers for winter planting season.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So
Please do your own DD (Due Diligence) before any kind of investment”.
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#FACT #DEEPAKFERT #GSFC #GNFC #DEEPAKNTR #CHAMBLFERT #NSE #BSE #FACT
NSE: FACT
CMP: 162.45
Target: 200+
Return: >25%
SL: 140
RR > 2
TimeFrame <6 Months.
🔥at All time high!
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#Vinatiorga #GSFC #GNFC #DEEPAKFERT #StocksToWatch #Tradingtips #VINATIORGA
to break all-time high
NSE: VINATIORGA
CMP: 2137.95
TARGET: 2400
SL: 2000
RR: >2 times
Return > 12%
Timeframe: <6M
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
GNFC analysisFC - 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 its true potential
Stock P/E: 4.50 vs Industry P/E: 12.9(P/E ratio under 10)
Technically speaking the stock was in a downtrend until today where it has shown some hope of reversal.
Support Area: 505-533
Strategy: Look to buy at support area.
Recommendation: The stock has been in a downtrend since 25.10.2022. Support area being at a very reasonable distance the ideal call would be to wait for price to enter the support zone. However we have witnessed a Bullish Engulfing reversal candlestick on the daily time frame which creates a good opportunity to enter this counter. The stock has made a low of 549.15 and a high of 579.30 today before closing the day at 576.10.
We recommend a buy above 579.30 for a target of 735(Initial Target) and then on move towards our long term Target of 900+. Stop loss can be place below 505. For those who would like to follow the Price action set up we recommend a buy above 579.30 with a stop loss of below 549 for a Target of 609(1:1) and the next Target of 639(1:2)
Intraday traders book your profits at the earliest and trail your profits.
GNFCNSE: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 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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.