Gujarat Ambuja Exports Ltd (GAEL) - Simple trade analysis

As the price tries to emerge out of the 25 week channel range consolidation with good weekly volume, can expect price to show strength and momentum in the near term.

Initial target of 318. Further targets as per price action. However, the stock has good support at 226-215, below which one needs to be cautious.

Always keep a stop loss of 5-8%.

Note: Not a buy sell recommendation. Do consult your investment advisor.