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
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
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.
GRSE: Breakout mode after a consolidationNSE: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
GRSE - Ichimoku Bullish Breakout 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. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
GRSE - Ichimoku Bullish Breakout 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. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Garden Reach Shipbuilders & Engineers Ltd - 22.12.2021Garden 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
GRSE - DARVAS BOX, Swing trade - All Time High BreakoutThe 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 markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Chart Of The Week !! 07 Nov 2021 !!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 only managing risk and pre-defined stop loss with perfect position sizing makes you perfect.
GRSE | WeeklyTechnicals:
1) Consolidation of two years (Stage I).
2) Resistance zone breakout, after two years, with Volatility Contraction Pattern formation (Stage I to Stage II Transition).
3) Breakout supported with Healthy volumes.
4) Momentum indicators giving green signal.
Fundamentals:
1) Almost a Debt free company.
2) Paying out good dividends.
3) Posting good earning results.
Good Stage II (Uptrend) candidate to watch out for!!
GRSE: Can go to 318 and higherGRSE (Garden Reach Shipbuilders and Engineers) has finally broken through the long term resistance very convincingly with significant volumes. MACD is also in buy mode.
Entry: The risk-savvy investor can buy at the CMP where as the risk-averse investor can wait for a minor pullback towards 245-250 zone (38% retracement of recent upmove) for entry (a pullback is not guaranteed though).
Target: First target is 318 (21% from CMP), although the stock can go much higher due to absence of overhead resistance.
Stop-loss: A weekly close below the stop-loss line should be taken as exit criteria.
Disclaimer: This is not a trading recommendation, but is only a predictive analysis for information and follow-up. NEVER trade without a protective stop-loss in place.
GRSENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
Breakout in Garden Reach Shipbuilders & Engineers (GRSE)...Chart is self explanatory. Entry, Targets and Stop Loss 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.
Target 1 (21%) achieved in GRSE. Target 2 is ON...This is follow-up on Garden Reach Shipbuilders & Engineers (GRSE). Can check link to related ideas.
Target 1 achieved. More than 21%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss 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.






















