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GRM OVERSEAS LTD.GRM OVERSEAS LTD.GRM OVERSEAS LTD.

GRM OVERSEAS LTD.

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GRMOVER trade ideas

Potential upmove | Bottom fishing - GRMOVERCheckout an amazing breakout happened in the stock in Weekly timeframe. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an upmove using MA or RSI breakout or any such analysis. The secret sauce is not revealed here that how I pick my stocks, however the idea is shared as an educational material. This will also help me to keep a track of my accuracy in doing analysis. Hence & also, I request anyone not to take any positions based on the accuracy of my previous feeds or moving forward. Checkout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:GRMOVERLong
by Yoyohoneysingh93
GRM Overseas LtdIts a small cap, Risky stock, Bottom pick. Dividend giving stock. Promoter Holding is good & No promoter Pledged. Debt is less than reserves. Good ROCE & ROE. Stock PE is below industry PE. Demand Zone is marked as green shaded horizontal area. Resistances are marked as red horizontal lines. Stoploss is marked as orange horizontal line. Demand Zone is from 170 to 160, which may act as reversal zone. Levels:- Buy 170 - 160 Stoploss 150 Swing Tgt 205 Long Term 315 to 500 This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
NSE:GRMOVERLong
by MasterTrader1949X
📈 Stock Analysis: GRM Overseas - A Promising Turnaround OpportuHey traders and investors, I wanted to bring your attention to an exciting opportunity that's been on my radar - GRM Overseas . This stock appears to be setting up for a potentially lucrative move, and here's why you might want to consider it for your portfolio. 🔄 Rounding Bottom Formation (Long Term): GRM Overseas has been in a bottoming process for an extended period, forming what technicians refer to as a "rounding bottom" pattern on the long-term chart. This pattern suggests that the stock has undergone a significant correction and is now showing signs of reversal. It's a promising signal for those looking for turnaround plays. 📊 Stage 2 Candidate: Based on the Wyckoff methodology, GRM Overseas could be considered a Stage 2 candidate. In this stage, a stock often sees accumulation by institutional investors and begins its uptrend. If the stock continues to exhibit positive price action and breaks out convincingly, it could confirm the start of a significant move higher. 💰 Potential for Lucrative Returns (6-12 Months) : While past performance doesn't guarantee future results, the setup on GRM Overseas suggests that there's potential for attractive returns in the medium term, possibly over the next 6-12 months. Of course, market conditions can change, so it's crucial to keep monitoring the stock's progress. 🚦 Manage Risk Wisely: As with any investment, it's vital to manage risk wisely. Given that GRM Overseas is in a reversal phase, it's prudent to allocate a smaller portion of your portfolio to this trade. Diversification remains a key strategy for risk management. Remember, this analysis is based on technical patterns and historical data. Always conduct thorough research, consider your risk tolerance, and consult with a financial advisor if needed before making investment decisions. My Entry : 198 SL : 178 Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Trading and investing carry inherent risks, and past performance is not indicative of future results.(only for educational purpose) What are your thoughts on GRM Overseas? Do you see the potential in this setup? Share your insights below! 🚀📊💼
NSE:GRMOVERLong
by aryn_9