GNFC, NFL, RCF, Others: Prabhudas Picks 5 Fertilizer Stocks To BUY For Boosting Portfolio; 20-30% Rise Seen

GNFC: The stock has been on the rise after the formation of a higher bottom pattern on the daily chart and currently has moved above the significant 200DMA to show strength, and we anticipate the stock to move further upward in the coming days. The volume has been on the rise in recent times, and with the chart looking good technically, we recommend a buy in this stock for an upside target of 800 while keeping a stop loss of 600.

GSFC - The stock has witnessed a decent correction from the levels of 332 to bottom out at around 184 levels and has given a bounce to signify further upside movement with strength. The chart looks very attractive and has the potential to scale up to 320 levels in the coming days. The RSI has hit the oversold zone and has indicated a trend reversal to signal a buy. With good volume participation witnessed, we recommend a buy in this stock for an upside target of 295 while keeping a stop loss of 210.

RCF: The stock has been consolidating for quite some time at around 130-150 levels, gaining potential, and with a decisive breach level of 155, it shall further improve the bias and thereafter expect next targets of 180-200 levels. The RSI has shown improvement with a trend reversal, and one can watch for this stock to perform well in the coming days. The major support would be maintained near 200 DMA at 139 levels, so one can keep the stop loss of 135 and expect for an upside target of 180 levels.