GAEL on verge with ascending triangle pattern

2021년 8월 1일

Hey folks!
Technical analysis on GAEL:
Gael has been consolidating for 3 months. It is near the verge to breakout.
I would love if it retest the lower trendline and tK[hen gave a breakout.
Acummulating stock near the lower trendline will give most benefit out of the trade
And risk to reward ratio will be appropriate.
Fundamental analysis:
Gael is agro processing company
Tickertape analyst have 100% recommend this stock
PE ratio is 13.17 which I consider good
Profit has been increased from 0.15 to 0.34(value in cr)
Promoter has almost 60% holdings
FIIS holding has been kept increasing
Thanks for viewing my idea!
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