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...
#GAEL : Stock seems to be Bottomed out as its rising from the Demand Zone.
Good Participation in Volumes have started.
Stock is picking up strength.
Gujarat Election Theme
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GAEL Broke out of falling trendline with good volume in last 3 sessions.
Expect a good up move
Entry - 307
T1 - 331.50
T2 - 350.00
T3 - 373.00
SL - 283
Trade responsibly, always Trail SL as stock moves
Stock has given breakout of symmetrical triangle pattern.
Can plan to buy if closes above 320 for the target of 350 and 370.
DISCLAIMER : This is only for educational purpose only. do your own analysis before buying and selling.
hope you liked it.
keep it simple.
GAEL
Study - Falling wedge and Flag pole correction Breakout
Fundamentals - very good company for export as war conditions are going on.
Please do your own study before taking any trade. This chart is only for educational purpose
SL for this stock breakout may be 285
GAEL is consolidating on higher time frames + trading near 200 EMA as well. Company is sound fundamentally as well. It's a Conglomerate of commodity business. Specially in MAIZE.
NSE: GAEL is looking to reverse from the consolidation range.
Today's volumes indicate a huge demand and should move to previous swing highs in the coming days.
The stock has been in a slight consolidation range with small downtrend but today's engulfing candle with high volumes should reverse the trend and breakout from trendline resistance to move higher.
One...
All detail for chat. good entry at mark price only. and must stoploss is 315 minimum risk and good profit. risk ratio 1:1 in first target. This is not call my idea only. Please understand your risk and take full responsibility of your actions
GAEL is making a nice inverted head and shoulder pattern in 2 hourly TF.
Can be good swing long above neckline levels.
Levels mentioned in chart.
Follow strict risk management.
head and shoulder pattern formation is doing so wait for break out and get position as per your risk capacity lvl are already mentiond in chart so book your profit as per your hunger and risk
#simpletrade #pattern formation
