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
Investmentideas
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
PNB Housing Monthly Investment AnalysisPNB Housing Monthly Analysis
PNB Housing Monthly Investment Analysis Based On Technical Analysis and Completely Based On My Knowledge and It's My Personal View
As Per the Analysis for PNB Housing For Monthly Chart, I am expecting that PNB Housing Share is on very important levels as per monthly charts, 500-620 is a level where it will trade as zero line zone means we will initiate any buying until it is rangebound under these levels, if it will go above the 620 levels then we can expect
3 Months Target as 750 - 760,
7 Months Target as 1000-1020,
15 Months Target as 1150 - 1250
and If PNB Housing wouldn't sustained above 620 levels then we can expect these below levels, if it will came below 500 levels
5 to 6 months target would be 330-350
11 to 12 months target would be 150-170
Disclaimer : These analysis are purely based on Technical Analysis, I Don't Recommend You to Buy or Trade or Make Any Investment Based On Above Levels.
I Always Request You to Please Do Your Own Analysis Before Taking Any Trade or Starting Investment or Consult Your Financial Advisor To Take Investment Related Decisions
Multi Year Trend Line Breakout The monthly chart of EID Parry shows a multi year trend line breakout with good volumes.
But this comes with RSI divergence too.
Though the breakout raises probabilities of further upside. The chances of long term upside may gain strength on close above the highest high.
Keeping SL at close below the lower trend line.



