GESHIP trade ideas
buy for target of 345looks very good for short term momentum buy@ 320 and stop loss 311 and target of 345. Good risk to reward trade.
A short-term Swing Trade Breakout StockThis stock has been breakout and Retest looking forward upside 318 soon
GESHIP DAILY CHART ANALYSIS AS ON 23.12.2021THE GREAT EASTERN SHIPPING as per daily chart analysis today has broken the resistance level 287 and closed at 294 level forming an doji candle stick. once the resistance 304 is broken above 305 level for a target 320 level. Happy Trading to al
descending triangle - at base of triangle stock bouncing back from every support now at base of triangle
an internal pattern is formed inside descending triangle gives double confirmation
Good Swing Opportunity for GESHIP.GESHIP is in a good Demand zone. Both Trendline and Horizontal supports connecting at one point in higher Time frame.
GESHIP - Good Risk reward setup for swing trade🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Buying for short termThe Great Eastern Shipping Company Ltd. is at a good buying position so we can see it at 370 levels and SL 310.
Fundamentally the charts are good so if you want to hold the position its a GREEN signal.
Bullish on GE ShippingFundamental Reasons to buy:
->Exports on boom.
->Government set exports target of $400 billion.
Technical reasons to buy:
-> For the last 3 weeks it's consolidating in 350-370 range.
-> Entry after decisive closing above 375-378 range.
Recent bulk transactions:
25 Aug, 2021ACQUISITION - MARKET
ICICI Prudential Mutual Fund Acquisition
Qty: 715191
% Traded: 0.49
Post Tnx Hold: 7.47%
Short term/momentum traders can look for booking profits in 410-425 range.
Medium to long term traders may wait till 490-510 levels.
GE Shipping....Nice breakout... above 318
Near term resistance seen near 395 levels
Any pull back to channel support to be bought into
GESHIPPING Bouncing off at SupportGESHIPPING has formed flag structure at the support/resistance zone of 375 and has broken out of the flag. Also, this zone was previous resistance and has acted as decent support this time. 375 zone is also the 61.8 Fibonacci zone of the bigger range. The stock has found support at confluence of multiple technical indicators and has exhibited bullish candle with volume on Friday, 17 Sep. We are bullish on the stock and can expect it to touch previous highs of 440 and ATH of 480.
Ge ship shortonly my personnel views and i am not any sebi registered , please take your calls on your own risk
GESHIP Swing trade idea#GESHIP trendline breakout seems to be on the card sooner. Buy between 353.50-354 with SL below 343 for 368 and 390 as targets in upcoming days. #SWING #POSITIONAL
GESHIP - Fibonacci breakoutBSE:GESHIP
GESHIP is showing recovery from pullback. If the breakout above the 345 Level Its good bet for Target of 380.
GESHIP #GESHIP (W):- Since March 23, 2020, the price has been following a supportive trendline. Now, the price has returned to that trendline, with a nice reversal candle :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#Stocktowatch
Great Eastern Shipping GESHIP --> LONGTechnically Sound to go up at bottom of Uptrend channel.
Oversold past few months.
Buy only after huge Demand and Retest around 300.
Fundamentally, Good outlook to produce profits as Crude oil shipping has seen increasing demand with backbone of Manufacturing requirement output higher than 2020.
Risk Within your apetite only!
buy for swing trade super bullish price can give a good bounce back from here, anticipating a trend reversal from the current market price
A good trader never predicts a move in stock market because nobody can predict the market. A good trader anticipate a move through his technical and fundamental analysis . And there is no 100% sure trade, there is always risk involved. Don't forget "Risk hai toh ishq hai ! "
And please like and follow, if you like my analysis.
#supply #demand #priceaction #price #support #resistance #position trade
How to trade using simple Support/Resistance?The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. Part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a certain direction.
There's a little hint hidden in the chart that will help us decide the bias of trade, spot and comment below🧐.
First one to spot will be blessed with 99% success rate :)
SIMPLE WORKS BEST I've linked my previous analysis also , which gave 55%+ gain in less than 20 days ,see how a simple S/R works like a charm.
