30-01-2024 11:28 AM | Source: Religare Broking Ltd
Stock of the day : GNFC Ltd For Target Rs.800 - Religare Broking
Gujarat Narmada Vly Frtlzrs & Chmcl Ltd
* GNFC has been in steady uptrend from the last more than 3 months with rising volumes.
* It has rebounded higher finding support near its previous resistance zone and have reclaimed it short term moving average.
* It has recorded a breakout form intermediate resistance trendline suggests prevailing trend to strengthen further.
* We thus recommend creating fresh longs in the mentioned range.
BUY Siemens Ltd CMP751.85; Range 750-754; SL 730; Target 800
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