Hello 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...
Stock has given BO on daily and weekly chart with good volume build up maintaining supportive Trendline, follow chart for proper support and resistance levels.
Chart -> 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...
As 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...
GUJARAT 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...
GUJARAT AMBUJA EXPORTS as per Day Chart Analysis Stock ABOVE 259 TARGET 266.
Today 07.12.2022 Again FII Net selling continue to 1241.87 Cr and DII Net Buying at 388.85 Cr.
There is a Possibility for Nifty to touch 18425 Level. So lets wait and watch...
Happy Profitable Trading to All...
