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
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.