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Gujaratambujaexports

Symmetrical Triangle pattern Breakout seen in Gujarat AmbujaHello Traders & Investors, I have brought another analysis on Symmetrical triangle pattern breakout. Well this almost similar to Triangle pattern, but in this lower band trendline act upward sloping support in security. Same we have seen in Gujarat Ambuja Exports. Well there is higher Chances that we can see huge momentum in coming few weeks. So let's go, i will explain a bit about this pattern so you guy's can understand and trade easily whenever you see this pattern next time. Q:- What is Symmetrical Triangle Pattern? Rahul:- A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle. Q:- Which direction will it go? Rahul:- If the prior trend is Uptrend then buyers gonna to win the battles for sure. Q:- How and when to Trade? Rahul:- Guy's keep in mind when both slopes get closer to each other, it means that a breakout is getting near, and we just have to wait for that breakout to take place. You can take entry once you see successfully breakout and keep stop loss at lower band of the Triangle, and there could be another entry once price shows pull back towards breakout zone. Targets can be place at all time high and 2nd target can be length of Triangle pattern. So guy's i hope you have learned this Symmetrical Triangle Pattern now. Let's Focus About Company background:- Gujarat Ambuja Exports is engaged in the manufacturing of Corn Starch Derivatives, Soya Derivatives, Feed Ingredients, Cotton Yarn, and Edible Oils. Since its incorporation in 1991, GAEL strives to serve the Food, Pharmaceutical, Feed, and many other industries with a long-term growth strategy in the Agro-Processing sector. (Source: Company Website) Market Cap ₹ 7,223 Cr. Current Price ₹ 315 High / Low ₹ 327 / 222 Stock P/E 25.2 Book Value ₹ 107 Dividend Yield 0.22 % ROCE 17.9 % ROE 14.5 % Face Value ₹ 1.00 Debt ₹ 227 Cr. EPS ₹ 12.5 PEG Ratio 1.94 Promoter holding 63.8 % Intrinsic Value ₹ 170 Pledged percentage 0.00 % EVEBITDA 14.8 Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou
NSE:GAELLong
by TraderRahulPal
2
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.
NSE:GAELLong
by kathanthakkar403
GUJARAT AMBUJA EXPORTS -DAY CHART - 08.12.2022 - BAHAVAN CAPITALGUJARAT AMBUJA EXPORTS posted on 07.12.2022 Stock ABOVE 259 TARGET 266. Today 08.12.2022 Stock Made a High 267 and Closed at 262. TARGET HIT FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week. Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement. Happy Profitable trading to all...
NSE:GAEL
by UnknownUnicorn19608572