Garden Reach Shipbuilders & Engineers Ltd. (GRSE)

A defence sector play, GRSE looks poised for an upward momentum after 26 weeks of consolidation. Sustained momentum above its breakout level of 564 will be positive.

Good support zones around 510, 450 and 400 levels.

However, as always, keep a stop loss of 5-8% if the trade goes wrong.
gardenreachshipbuildersGRSEParallel ChannelSupport and ResistanceTrend Lines

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