scorpiomanoj
Long

GAEL - GETTING SET FOR A POSSIBLE UPSIDE

NSE:GAEL   GUJARAT AMBUJA EXP
CMP 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 .
Trading is my passion.
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