Gujarat State Fertilizers & Chemicals Limited (GSFC) , a stalwart in the fertilizers and chemicals industry, is renowned for its innovative products and steadfast commitment to agricultural sustainability, making it a compelling candidate for swing trading enthusiasts seeking opportunities backed by solid fundamentals.

Reasons are listed below :
  • After breaking out from the crucial 210 level, GSFC is now retesting it, indicating potential support-turned-resistance dynamics which could signal further upward momentum upon confirmation.
  • The price action aligns closely with the 0.618 Fibonacci level, adding significant support to the bullish bias and enhancing the probability of a continuation of the uptrend.
  • The 200-day Exponential Moving Average (EMA) on the daily timeframe provides additional support to GSFC's price action, further reinforcing the bullish outlook and suggesting potential for sustained upward movement.


Target - 245 // 273 // 317
Stoploss - daily close below 205

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@visionary.growth.insights
交易結束:達到停損點
We got stopped out, for those who are still holding can wait till tomorrow's close.
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