Swing Trade Setup- GAELStock Name/Symbol: GAEL
CMP: 363
Seems Good Buy Between 379 - 384 if breaks with good volume.
Views are for learning purposes only. One can track and learn also
GAEL
Trendline Breakout in Gujarat Ambuja Exports Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GAEL Buy Side IdeaNSE:GAEL best level to take entry is 233 with stop loss of 222 (-11 Points). My expected target will be 257 (+24 Points).
Note: This is my personal analysis, only for learning. Thanks.
GAEL 6% 12% 20% TARGETS ACHIVABLECan be a good swing trade, I have done multi TF technical analysis.
From CMP we can aim for 3 targets.
Positional View on #GAEL My positional view on Gujarat Ambuja Exports Ltd NSE:GAEL
Target 1: 289
Target 2: 291
Target 3: 296
Target 4: 304
My stop loss will 275
Note: This is my personal analysis, only for learners
cup and handle pattern in 1 hr frameThis is my idea to invest at your own risk. Cup and handle are formed in 1 hr frame stop loss below 272.
GAEL - GETTING SET FOR A POSSIBLE UPSIDECMP 251.50
Stop 220
Target Open
1) Stock has taken support at Yearly VWAP
2) Stock has taken support at previous quarter high
3) Next Quarter's pivot zone higher than current quarter's pivot zone.... suggests a possible bullish outlook.
4) PEMA oscillator starte sloping upwards.
5) Relative strength with respect to broader market is sloping upwards.
6) Fundamentally, triple to double digit annual profit growth witnessed in the last 4 quarters .
