30-01-2024 11:28 AM | Source: Religare Broking Ltd
Stock of the day : GNFC Ltd For Target Rs.800 - Religare Broking

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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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