GNFC - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 Intraday Trade Analysis – GNFC (Gujarat Narmada Valley Fertilizers & Chemicals Ltd.) IntraDay Trade Rating: 3.4

GNFC offers a technically cautious but fundamentally solid setup for intraday trading today. While the MACD is slightly bearish and RSI is neutral, the stock is trading near its 50DMA with above-average volume, suggesting potential for range-bound scalping rather than aggressive breakout moves.

🔍 Technical Snapshot

RSI (47.3) → Neutral zone; bullish bias if it crosses above 50.

MACD (-0.33) → Slightly negative; watch for flattening or crossover.

Volume (5.81L vs Avg 3.67L) → Above average; indicates active participation.

Price near DMA50 (₹539) and below DMA200 (₹556) → Short-term support, long-term resistance.

52W Index: 32.9% → Well off highs; recovery potential exists.

💸 Intraday Trade Setup

🔧 Trade Component Suggested Price Zone (₹)

Buy Zone ₹538 – ₹542

Profit Target ₹548 – ₹556

Stop-Loss Level Below ₹532

📍 Entry near ₹540 is ideal if volume sustains and RSI trends upward. Look for bullish candlestick patterns like hammer or engulfing near support.

⏱️ If Already Holding Today

Exit for Profit

Target: ₹548–₹556

Confirmation: RSI > 50, MACD flattening or turning positive, and volume > 6L with strong green candles.

Exit for Loss Protection

Stop-loss: ₹532 or if RSI dips below 45 and MACD steepens downward.

Warning signs: long upper wicks, bearish engulfing, or volume fading below 4L.

🧭 Final Takeaway

GNFC is a technically cautious but fundamentally sound intraday candidate. It’s best suited for traders who thrive in tight ranges and can react quickly to momentum shifts. If you’re scouting for sharper setups with stronger RSI/MACD alignment, I can surface a few tickers that are heating up. Just say the word and I’ll scan the radar. 📡📈

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