GNFC Breakout

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1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. Either sell on initial stop loss hit or when closes below daily supertrend

Quarterly sales growth of 58% and profit growth of of 124%. OPM increase from 24% to 28% and a high volume breakout makes GNFC a good buying oppourtunity. Keep a stop loss of Rs.490.
Nota
If GNFC closes above previous day high and near the top then stop loss should be increased from Rs.490 to Rs.500 or just below that
Nota
What a move by GNFC!!! Buy given at Rs.515 on Feb 7th.
Nota
Another big move by GNFC. Buy call given on February 7th.
Nota
GNFC up by another 5%. What a share!!!👌👌👌
breakoutChart PatternsFundamental AnalysisGNFCstoplossTrend Analysis

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