GAELCrossed the 200EMA and volumes have started to pick up. Had mentioned this stock a few days back too. Worth going long with a SL below the 200EMA.
GAEL trade ideas
#GAELPinbar close on D
Wait for retracement until 227 - 207 for entry
DTR on M candle is 40% which is big (BO1)
CCI(M) > 100
CCI(W)>100 awaited
#GAELCCI(M) crosses 100 with strength
Can touch 288.60 as conductive zone
Sets the direction after pinbar range is broken
GAEL - Parallel Channel BOGAEL
last One and Half years trading at multiple channels.
Enter above 238 - 240 with good volume BO.
Target : 280
Support: Breakout line : 235, 220, 210
GAEL : Ready to Hit Bull's Eye !!!Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
GAEL - #WatchlistA close above 273 on a convincing basis can proper the stock to make fresh new all time highs! More strength can be coming!
GAEL-Gujarat Ambuja Exports- Let us play with trendline above 90Sustaining above 87 marks & going above 90 could be a short term buy for the zone 94-95- Its a call for 2-3 days- while returning back & falling below 80 will be joined by bears.
GAEL Technical - Short to Medium termWith my novice brain I have outlined the below:
This stock is in uptrend and ongoing correction gives us the opportunity to re-enter at lower levels.
Pink hash-ed line above current price indicate Resistance and below indicates Support.
Buy zones at 2 support levels which co-insides with 50%-61.6% and 78.6 % Retracement on fib as well as gets the support of trend-lines. All buy must be done on the right side of counter trend line ( coloured Red) . Stop-loss can be put below A on fib (70.54) or below 74.20 which is last point of U-Turn. I would prefer to put below A.
Will further update next week.
Any comment on this would be appreciated.
Happy Trading!
