GRSE is defensive stock . Look at the pattern it has formed previously and how it has broken the resistance and reached the target. It is near by to break the previous high 975. Only it breaks 975 go for long for the target of 1300+ Disclaimer: Only for learning Purpose
#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...
#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...
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 ▶ ...
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...
BUY - GARDEN REACH SHIPBUILDERS & EN CMP - Rs. 415 Target - 1: Rs. 537 Target - 2: Rs. 615 . . . Comment: Target - 2 will be hit > 1 year . . . Follow me for more. . . . This chart is for educational purposes only. Invest at your own risk.
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.
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Stock is giving multiple BO and retesting, pole and flag pattern, very soon ATH may be seen.
NSE:GRSE - Garden Reach Shilbuilders is showing a good, clear upmove after breaking a rectangle consolidation zone. In last 1 week's trading session it shows a strong positive upmove with increasing volume build up. Perfect to poise to move towards 550 zone in near term. Buy zone: 495-505, SL: 480, Target: 550
stock make expanding wedge pattern with double bottom breakout ( near support zone)
Stock Name - Garden Reach Shipbuilders & Engineers Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 501 #This is not Buy and Sell recommendation to any one....
Stock Name - Garden Reach Shipbuilders & Engineers Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 469 #This is not Buy and Sell recommendation to any one....
The Stock need a close above 233 in order to move to higher level also a very strong lifetime resistance. These are long term targets and final target is 320+ with Stop Loss on monthly closing basis on 178 Slow moving so add as per your risk in SIP Mode.
Swing Trade-GRSE Rectangle Channel Breakout Daily Time Frame. Expect a 5-7 % Return on This Stock. Only Education Purpose.
Garden Reach Shipbuilders & Engineers Ltd - 22.12.2021 The stock is trading @ 218 levels The stock is witnessing higher highs since 20.12.2021 There is a MACD Bullish Divergence in Daily chart The prices are above ema One can initiate a buy position @ current levels with support @ 206 watch out for the price action
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
Chart of the Week series discussed only good technical charts of stocks and indices . This is the only purpose for education. IMPORTANT POINTS FOR STOP LOSS - 1) There is no perfect stop-loss strategy. ( SL may be increase or decrease as per your risk ) 2) There is no perfect indicator that will warn you that this is a failed breakouts . 3) There is...