TECHNICAL PICK : GNFC Ltd For Target Rs. 730 - Prabhudas Lilladher Pvt. Ltd.
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GNFC Ltd
GNFC has made more or less a double bottom pattern formation in the daily chart and has got a strong support at around 590 levels. The stock has regained strength and is on the rise and we anticipate further more gains upside in the coming days and with RSI turning positive signaling a buy, we recommend this stock for an upside target of 730 keeping a stop loss of 590.
BUY GNFC Ltd CMP 366.95; Stoploss 590(6.93%); Target 730 (15.15%)
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