Gujarat state is now voting time and every party tries to best in voting every politician makes a big promise to the public of Gujarat but it benefits only the Gujarati brothers but which share I am sharing my view it is for Pan India People's Benefit the share name is Gujarat State Fertilizers & Chemicals Ltd. price of this share from August 2022 is continuously falling but last a few days its try to pull back from price of 118.55 its mugger support and as you can see chart RSI level also brake 50% level and share is show brake out level 1st seen chart and drawing you clear of view about Gujarat State Fertilizers & Chemicals Ltd.
Gujarat State Fertilizers & Chemicals Ltd.
as you see in the chart of share is taking support from last time on 04 March 2022 as its come back big rally and same 21 June 2022 and now 23 November take same place support and breakout of the trend line as you see above chart.
Swing Trade Entry points technical
- support on meager points as you see in the chart
- Trend line breakout
- RSI upper side above 50%
- Entry Point 132.30
- stop-loss 122.90 under major support
- target 145 to 146 because the upper side is gap up area
Swing Trade Fundamentals Point
- current price is less than the Intrinsic value
- Good Entry point according to fundamentals
- PE Ratio 5.87 and Sector PB Ration 13.59
- PB Ration is .45 % and sector PB Ratio 2.64
- Net Profit is 23% Increase
note:- I note SEBI Register or I do not sell any call to my Reader this article for Education take any trade or investment on your Risk i am just sharing my view on my experience
