Gujarat Ambuja Exports cmp 140.10 by Weekly Chart view*Gujarat Ambuja Exports cmp 140.10 by Weekly Chart view*
- 122 to 125 Support Zone
- Volumes supportive for fresh upside Price momentum trend
- Stock Price upside supportive by the Trendline Bullish Crossover and Support Zone Test Retest
- Weekly basis Support seen at 122 > 98 > 80 with the Resistance at 161 > 179 > 195 > ATH 210.60
GAEL
GAEL- Near Multi Year Breakout #GAEL
CMP : 398.3
Date -01-02-2024
Gujarat Ambuja Exports Ltd is an India based company that is principally involved in Agro- processing business.Alow debt company with zero promoter pledge. The company is at the forefront for offering one-stop solutions for ingredients to various food pharmaceuticals and animal nutrition companies. Stock is near its 52 week high. It is heard that company will consider a bonus issue in its next board meeting. Already stock has completed a rounding bottom and also in preparation to complete cup and handle pattern. The news of bonus issue also boosts the share price. Stoploss @ ₹.375 levels.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly
Gael Better Risk Reward#Gujarat Ambuja Exp is trendy at the moment and Making continuous Higher High and Higher Low,
At the Moment #stock is at Higher Low, followed by #Priceaction.
Buy with the Calculated SL and can Ride the trend.
Safe players can book 1:1.5.
Do your own Analysis before any trade.
#TradewithConviction
GAEL looks goodThe price seems to have reached a bottom, showing signs of reversal as it has broken upward after a period of uncertainty or consolidation.
Diamond pattern has been witnessed in the stock GAEL. The Diamond pattern begins during a downtrend as prices create higher highs and lower lows in a broadening pattern. Then the trading range gradually narrows after the highs peak and the lows start trending upward. When the price breaks upward out of the diamonds boundary lines, it marks a significant reversal to a new uptrend.
Also in this stock witnessed the Double Bottom pattern formation during a downtrend as the price reaches two distinct lows at roughly the same price level. Volume reflects a weakening of the downward pressure, tending to diminish as the pattern forms, with some pickup at each low, less on the second low. Finally the price breaks upward above the highest high to confirm the bullish signal.
Buying area, targets are mentioned in the chart and are self-explainatory.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Wonderful stage formation in Gujarat Ambuja ExportChart -> Gujarat Ambuja Export Daily
After a brief downtrend, consolidation of 6 months formed a base. Today breaks out from that with a huge volume. Now can move smoothly in an uptrend.
CMP: 280
Good range: 250 to 280
Targets: 320, 350, and more
SL: 240 daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Gujarat Ambuja Exports Ltd (GAEL) - Simple trade analysisAs the price tries to emerge out of the 25 week channel range consolidation with good weekly volume, can expect price to show strength and momentum in the near term.
Initial target of 318. Further targets as per price action. However, the stock has good support at 226-215, below which one needs to be cautious.
Always keep a stop loss of 5-8%.
Note: Not a buy sell recommendation. Do consult your investment advisor.
GAEL near a triangle breakoutGAEL recently has bounced from strong support trendline. Stock is showing good Risk Reward ratio at CMP
Bullish Breakout of symmetrical triangle pattern will be confirmed above 260 levels.
Chart shared only for educational purposes. Kindly trade as per your own analysis.
Target 1 achieved in GAEL. Gain of 25% Target 2 is ON...This is follow-up on Gujarat Ambuja Exports. Can check link to related ideas.
Target 1 achieved. Gain of more than 25%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 2 achieved in GAEL. Gain of 90% Target 3 is ON...This is follow-up on Gujarat Ambuja Exports. Can check link to related ideas.
Target 2 achieved. Gain of more than 90%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GAELDear Traders,
I found a good stock which can show big 20% Momentum within a week maybe. So, please consider it and analyse it as it already has broken the 52 Week high and got out of channel pattern. People, after breaking channel pattern and previous high on up-trend stocks generally shows great momentum with good volume. So, you can also ride in this rally.
Simillar patterns in, BSE, CIPLA and GNFC. You can analyse them too for reference purpose.
Guys,
Have a good day.
Intraday trade: watch for resistance breakoutbuy above 227 in intraday
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Guajarat Ambuja Exports - Long term idea Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.