GRSE trade ideas
Wait for pullback in GRSEWait for the pull back to make an entry. This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
GRSE - Ascending Triangle BreakoutEntry Price = 223.25
Stop Loss = 208.65
Target = 248
For Education Purpose Only
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.
Breakout weekly chartweekly chart
Fresh all-time high
Triangle breakout with volumes
RS>0 in daily charts
RSI above 60 in Daily Weekly and Monthly TimeFrame
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Discliamer: Educational view
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- Breakout NSE:GRSE
Breakout from 2 years consolidation and Closed the week with a Good bullish candle.
Target - 320-350
SL - 182.
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 - All time high breakoutStock has given a breakout above All Time High. More can be added on retest.
GRSE- Swing trade OpportunityGRSE- Swing trade Opportunity
Can go long. Only for educational purposes.
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.
GRSE near to ATHHighly bullish stock
Good opportunity on retracement
near to 227
CMP:247 @ 4 November 2021
Multi year BreakoutI just come across this while random scanning.
Yearly breakout usually sustains.
Hence any retest could provide a good Risk Reward entry & a weekly closing above 240 could become a great confirmation for upward move.
P.S. : I'm personally not taking any new position without having conviction in its fundamentals. & also, Nifty is in bit of correction phase thus being cautious needed ..!! :)
Disclosure: Just for learning.
A good setup and a big channelLong term movement happening inside the channel and weekly volume suggest that upper levels of channel wont be respected in coming days. Safe sl should be 199. Price action and hence only trading perspective makes sense.
Disclaimer : Not a recommendation but just an observation
Trend line breakoutAs show on the chart stock has given clear breakout with volume om charts we will see big levels once it crossed 245 level
GRSE SWING trade after long time stock broke its important resistance of 220
its time to go long with stop loss below last swing low expectinng good upmove
for educational purpose only
