rghsharma43

Gujrat ambuja exports, Breakout above 100 EMA

NSE:GAEL   GUJARAT AMBUJA EXP
Gujarat Ambuja Exports is principally involved in agro-processing and trading and has focused on exports, competing in the global market.

The company has put in place a strong infrastructure that constitutes technologically advanced plants with captive power generation at each plant, most modern quality control, improvement setup and human resource. GAEL is poised to scale newer heights and is fully geared to achieve the magical Rs 1,200 crore operational turnover.

It's closing near 100 ema, even it gave a breakout with higher volume. So I expect to give atleast 5-10% returns.

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