GRSE: Can this Defence Stock Double Your Money in 2025?NSE:GRSE : Can this Defence Stock Double Your Money in 2025? Let's analyse this weekend's My Chart of the Month
NSE:GRSE presents one of the most compelling technical setups in the defence sector, with the stock currently trading at ₹3,003 after a massive rally from its 2019 lows around ₹77. The chart reveals a textbook case of a multi-year accumulation followed by explosive breakout dynamics.
Price Action Analysis :
The stock underwent a dramatic transformation from a prolonged consolidation phase between 2019 and 2022, during which it traded in a narrow range of ₹150-300. The real fireworks began in late 2022, when GRSE broke out of its multi-year base with exceptional volume, signalling institutional accumulation.
The most striking feature is the parabolic move from ₹1,000 levels in early 2024 to the current high of ₹3,250. This represents over 200% gains in just over a year, accompanied by consistently high volumes averaging 40-130 million shares, indicating strong institutional participation.
Volume Analysis:
Volume patterns have been particularly bullish, with spikes coinciding with price advances. The recent correction has seen relatively lower volumes, suggesting profit-booking rather than institutional selling. The volume-weighted average price (VWAP) continues to trend upward, indicating underlying strength.
Key Technical Levels:
Support Zone: The stock has established strong support around ₹2,400-2,500 levels, coinciding with the 0.5 Fibonacci retracement from the recent rally.
Immediate Support: ₹2,683 (recent swing low)
Critical Support: ₹2,165 (0.618 Fibonacci level)
Resistance Levels: The stock recently touched ₹3,250 and is currently consolidating. The next major resistance lies at ₹3,500-3,600 based on measured move projections.
Trade Setup:
Entry Strategy:
- Primary Entry: ₹2,650-2,750 (current levels to slight dip)
- Aggressive Entry: ₹2,900-3,000 on any pullback
- Conservative Entry: ₹2,400-2,500 (major support retest)
Target Levels:
- Target 1: ₹3,400 (15% upside)
- Target 2: ₹3,800 (35% upside)
- Target 3: ₹4,200 (50% upside based on measured moves)
Stop Loss: ₹2,300 (below critical Fibonacci support)
Risk-Reward: Favourable 1:2 to 1:3 ratio across all entry points
Sectoral & Fundamental Backdrop:
The defence sector is experiencing a renaissance driven by the government's push for Atmanirbhar Bharat and increased defence spending. GRSE, being a premier shipbuilding company under the Ministry of Defence, is directly benefiting from:
1. Increased naval modernization programs
2. Export opportunities under government initiatives
3. Project 75(I) submarine program participation
4. Anti-submarine warfare corvette projects
The company's order book has been consistently growing, with recent announcements of significant contracts providing revenue visibility for the next 3-4 years. The shift towards indigenous defence production gives GRSE a strategic advantage in the naval segment.
Risk Factors:
Primary risks include overall market correction affecting high-beta defence stocks, profit-booking by retail investors after substantial gains, and any delays in government defence projects. The stock's high valuation multiple also makes it susceptible to sector rotation.
My Take:
GRSE represents a compelling blend of strong fundamentals backed by government policy support and technically sound chart patterns. The risk-adjusted returns appear favourable for medium-term investors, with the stock likely to test new highs once the Pullback is done. However, position sizing should account for the inherent volatility in defence stocks and the broader market environment. Therefore, BUY ON DIPS
The combination of sectoral tailwinds, robust order book, and technical breakout makes GRSE a candidate for continued outperformance, though investors should remain mindful of profit-booking opportunities at resistance zones.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
GRSE
GRSE: New Trade opportunity for 40% upside potential!⚡️Price Analysis:
1️⃣ Price showing strength.
2️⃣ Price structure is bullish.
3️⃣ Price trading above EMAs
4️⃣ Strong candle formation.
✨ Key Observations:
➡️ RRR favourable at CMP.
➡️ Price should break above the marked resistance level
➡️ This will be my 2nd trade in this particular stock.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Share your thoughts in the comments below! ✌️
🔥Trade Safe!✅🚀
Garden Reach Shipbuilders (GRSE) Bullish Inv HnS BO with volumeThanks for sharing the chart of **Garden Reach Shipbuilders (GRSE)**.
Strong **bullish setup** supported by two technical patterns:
1. **Falling Wedge Pattern (Breakout)** – A classic bullish reversal pattern, and it has broken out with strong volume.
2. **Inverted Head and Shoulders** – Another bullish reversal formation that also broke out around ₹1,730–₹1,750 zone, confirmed with high volume.
### Key Highlights:
- **Breakout Confirmation**: Price closed at ₹1,957.80, up **+11.90%**, with strong volume (17.64M).
- **Targets**: Based on pattern projections, potential target zones are:
- ₹2,354.10 (Inverted H&S breakout)
- ₹2,833.80 (Falling wedge pattern breakout)
- **Support Zone**: ₹1,730 acts as a strong support now (previous resistance).
This confluence of two bullish patterns with a volume spike significantly increases the probability of continued upward momentum.
GRSE - Chart of the Week, Breaking Trendline and Made a BaseNSE:GRSE has a beautiful structure on the Weekly Timeframe to Qualify for my Chart of the Week idea, it saw Decent Volumes this week around the marked Key Levels of 100 WSMA and also broke the trendline with RSI Trending Upwards.
About:
NSE:GRSE is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.
NSE:GRSE is a diversified, profit-making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard.
Trade Setup:
Could be a good Positional Trade with the 100 WSMA Being a Major Support along with Marked Key Levels, Buy on Dips as the Entire Defense Sector is in an Uptrend and it Broke the Trendline Strongly this week.
📌Thank you for exploring my idea! I hope you found it valuable.
🙏FLLOW for more
👍BOOST if useful
✍️COMMENT Below your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes only and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
GRSE: Approaching Breakout from Consolidation with Bullish SetupThe stock has been in a strong upward trend, forming a peak on July 5, 2024, followed by a consolidation phase characterized by a lower low, lower high structure.
Key Observations:
A) Counter Trendline (Green Line):
I’ve drawn a counter-trend line representing the main setup to watch. A potential breakout from this line could signal a strong bullish continuation.
B) Hidden Parallel Channel (Pink Lines):
The stock was previously moving within a hidden parallel channel, with the upper pink line acting as resistance and the lower as support. The stock has now successfully broken above this hidden resistance.
C) Sideways Contraction Pattern (White Lines):
The stock is also in a sideways contraction, which I've marked with white lines, indicating a narrowing price range. This area is crucial for observing price action as the stock attempts to consolidate before its next move.
Current Status:
The stock is attempting to break above the green counter trendline (A), which serves as the primary setup for this trade.
It has already moved out of the hidden resistance (B) but is still trading below the white lines of the sideways contraction pattern (C), so it remains on the watchlist.
Volume remains moderate for now, but I’m waiting for a potential volume spike to confirm the breakout.
This is a key moment to watch for a potential entry if momentum and volume align
Grse & Mazdock: Hidden Channels Unveiled! CT Breakouts ahead ? In this video, we dive deep into the strikingly similar price structures of GRSE and Mazdock. Both stocks are navigating a hidden parallel channel, with a recent breakout of a key counter trendline. GRSE is showing trendline support, despite making slightly lower lows, while volumes across both stocks suggest potential for bigger moves. Watch closely as we map out potential pathways for future price action setups. Keep these stocks on your radar and let's revisit after the breakout!
GRSE Possible start of reversal.NSE:GRSE Showing Early Signs of a Reversal Possibly with Above Avg. Volume and RSI Getting Stronger keeping a close look as of now.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
GRSE (Reversal Indication On DTF + 4hr Time Frame)Garden Reach Shipbuilders & Engineers Ltd (GRSE) is forming reversal on DTF and 4hr time frame. The stock has given reversal from 200 EMA Level on 4hr time frame. The possible upside remains for 1950, 2100 levels. Support on the 4hr time frame is placed at 1670 levels. Also, the stock has formed bullish engulfing pattern on DTF with Good volume.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Short Term Trading Idea in Garden Reach Ship for 20% UpsideHi,
NSE:GRSE has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Disclaimer: Please consult your financial advisor before making any investment decision.
GRSE - Breakout Setup, Move is ON...#GRSE trading above Resistance of 2502
Next Resistance is at 3468
Support is at 1677
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GRSE - Breakout Setup, Move is ON...#GRSE trading above Resistance of 1677
Next Resistance is at 2502
Support is at 1353
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GRSE - Breakout Setup, Move is ON...#GRSE trading above Resistance of 1176
Next Resistance is at 1677
Support is at 892
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Garden Reach Shipbuilders & Engineer - Long Setup, Move is ON...#GRSE trading above Resistance of 892
Next Resistance is at 1176
Support is at 633
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GRSE good to keep on radar NSE:GRSE
Breakout of consolidation
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
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This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any
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How to find a BREAKOUT that has a high probability of success?The probability of a breakout getting failed is much higher than it's success rate.(A STOCK AT REST TRIES TO BE AT REST AND THE ONE IN MOTION TRIES TO BE IN MOTION like NEWTON's First Law Of Motion)
But breakout trades are the most rewarding trades in stock market.
So...if there was a method to find out a high probable successful breakout then it would have been a shade better to make money in the stock market.
Here I am with a tried and tested strategy to differentiate a fake breakout and a successful one: FOLLOW the below steps:
1.Choose a stock from an up-trending sector (At present sectors like ENERGY, PSUs, REALTY, FINANCIALS AND AUTO (Just started) are examples of up-trending sectors).
The reason for choosing a sector which is up-trending is that the liquidity is high in those sectors and thus increases the chance of the breakout by one shade.
2.The stock should be above 50 week EMA and above 200 EMA on a daily time frame and RSI should be above 60 (In daily time frame)
This is the reason why HEROMOTOCORP Trade is struggling a lot as it is below EMA 200.
3.The stock should breakout from a consolidation of STAGE 1 structure.
And if the stock is in prior uptrend followed by a consolidation and then a breakout again increases the chances like the recent one in RELAXO FOOTWEARS.
4.If the stock breaks out of multiple patterns like INVERTED HEAD AND SHOULDERS,TRIANGLE,STAGE,PARALLEL CHANNEL,TRENDLINE(The more the number of patterns being broken the better the breakout is) One example of this is TRIVENI ENGINEERING Trade that I shared
5.The breakout should be backed with high volumes (AT LEAST EXCEEDING 20 MA)
6.The closing of the breakout should be strong (NO long wicks)
One more example I have is of INDIAMART Trade that I shared applying most of the concepts discussed above.
NOTE: The above discussed method only increases the probability of a breakout to be successful as no strategy in the market gives 100% successful trades, so managing the risk is as important as the strategy and I will post a tutorial soon for this also.
FOLLOW me to stay updated as soon as I upload it here.
Till then,
HAPPY TRADING :)
Garden Reach Shipbuilders & Engineer - Long Setup, Move is ON...#GRSE trading above Resistance of 633
Next Resistance is at 892
Support is at 485
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GRSE - Garden Reach Shipbuilders Garden Reach Shipbuilders & Engineers Ltd stands as a leading shipbuilding firm in India, operating under the oversight of the Ministry of Defence. Its primary focus is on meeting the shipbuilding requirements of both the Indian Navy and the Indian Coast Guard.
Technicals:
▶ Trend changed in April due to bull market
▶ 50 EMA has always acted as a support
▶ There is a good chance that it will uphold this behaviour in the short-term.
▶ A demand zone is present at 575-640. This zone could provide a bounce if and whenever the price returns to it. Hence, I see this as a accumulation opportunity for the long-term.
Fundamentals:
March 2023
▶ Sales Growth: 46%
▶ Net Profit Growth: 20%
March 2022
▶ Sales Growth: 53%
▶ Net Profit Growth: 24%
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
GRSE Analysis! Descending Triangle!GRSE Daily Analysis!
Descending Triangle Pattern Formation in GRSE!
Descending Triangle Breakout in GRSE!
Will not enter if candle closed inside the Triangle!
GRSE has made Descending Triangle Pattern on a Daily Timeframe. It gave a resistance breakout with high volume currently retesting the support level. Will Resistance become Support in GRSE? Will see
Entry = After Retesting
Target = 738.40
Stop Loss = Below Support
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital