GRSE trade ideas
Garden Reach ShipBuilder | 20-May-20 | @ 140 | DAILY20-May-20 | @ 140 | #Watchlist
- Tilted H&S pattern
- lookout for 20-EMA level or further breakdown confirmation
Backtesting VCP in GRSEVolatility Contraction Pattern in GRSE Backtested from August 2019 showing how the stock behaved post the pattern was formed and how the trade was executed.
closing above 220 is important to become super bilish! SL:196Keep on radar!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Volatility Contraction Pattern (VCP)#GRSE-bought at 140, after #vcp setup with the volatility drying from 13% to 6% .The Stock though was 80%(100 preferred) up from 52 week low so bought less. It shot up 25% in 14 days. Closed 25% quantity on that day and the rest today.
Total return 20% in 20 days.
Nifty Small cap Index comparison with better performing stocksNifty Smallcap index is down 20% YTD and 25% from YH to YL. A comparative analysis on the stocks which have performed better price-wise. Chances of a future super former emerging from this list are relatively high. will narrow this list down with earnings strength.
Entry @100GRSE has been showing good price strength since the past few days. Annual 2019 earnings will give us a better picture of the financial post-march. As of just dabbling into a small position, will add gradually as price gains momentum. Will keep you guys posted.
Entry@100 looking for 15/20% upsideGRSE is showing good price strength since the past few days. I have taken a small position in this stock and will add gradually as i see positive price movement. 2019 annual earnings will also give us a better picture of the overall financial picture of the company.
Entry@100 looking for a decent 15/20% upsideGRSE has been moving up on good volumes recently. Dec q earnings are very robust but there is hardly anything to compare too. 2019 annual earnings will give us a better picture. I have picked a small position in this stock currently. I will add more as I see price strength and favorable earnings.
