GE Shipping (Daily Timeframe) - Potential Breakout ??GE Shipping has broken out from a critical, long-term resistance level originating from December 2023. The stock is showing strong bullish momentum, confirmed by multiple technical signals.
Key Observations:
Pattern: A double-bottom in April 2025 ended the prior downtrend, leading to a period of consolidation.
Breakout: On Sep 16, 2025, the stock decisively broke above the resistance on high volume.
Confirmation: The breakout was confirmed on Sep 17, as the old resistance successfully held as new support.
Indicators: Bullish EMA crossovers and sustained above-average volume support the move.
Price Outlook :
Upside Target: ₹1283 if the price remains above the breakout level.
Downside Risk: A failure to hold this new support could lead to a decline towards the ₹914 level.
GESHIP trade ideas
GESHIP: Supply Zone Test After Base Formation GESHIP has rebounded and is now testing a prominent supply zone near ₹1,100 after forming a steady base and triggering pocket pivot and non-linear base patterns. Price action shows improving momentum above key EMAs, with accumulation possible in the ₹1,000–₹1,050 zone and targets at ₹1,200–₹1,250. Traders should note the base formation, supply zone resistance, and maintain risk management below ₹920 (closing basis).
GESHIP Long opportunityThe stock is setting up nicely for a breakout from consolidation and resistance.
The shipbuilding sector remains in focus as government contracts and orders are flowing in for companies.
Cochin shipyard, Mazdock, and GRSE have also moved 25-30% in quick sessions recently.
GESHIP provides a good technical opportunity here and Mutual Funds have also added the stock in the past month/quarters.
DISCLAIMER- I am not a SEBI-registered RA. Kindly do your due diligence and consult your financial advisor.
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#GEship ready to fill the gap with excellent fundamentals Great Eastern Shipping Company seems a very good bet in the coming months. Company has good fundamentals with decent dividend payout records.
Trading at book value seems attractive valuation.
No recommendation only personal view.
Happy Investing
GESHIP Trading Within Demand ZoneGESHIP is currently trading at ₹810.7, within the demand zone ranging from ₹820.95 (baseHigh) to ₹803 (baseLow), identified on 30th November 2023. This zone may act as a support level, potentially attracting buyers. Traders and investors should observe price action for signs of accumulation or reversal.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please perform your own due diligence or consult a financial advisor before making any investment or trading decisions.
Great Eastern Shipping Company - Breakout Setup, Move is ON...#GESHIP trading above Resistance of 1330
Next Resistance is at 1714
Support is at 1084
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Great Eastern Shipping Company - Long Setup, Move is ON...#GESHIP trading above Resistance of 1007
Next Resistance is at 1330
Support is at 684
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
#LONG on Great Eastern Shipping: Breakout from consolidation After reaching a high of 625.80 Great Eastern Shipping Co. entered a consolidation phase which lasted for 15 years.
After a failed breakout attempt in Nov'22, GESHIP broke out of consolidation in Mar'23 rising from levels of 532.25 to a closing price of 847.20 in Oct'23 generating 59% returns in last 8 months.
Stock is forming Higher High and Higher Lows Pattern with VolumeHello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well. there is higher probability that we are going to achieve all our targets.
Stock is good to hold for long term as well, so if anybody is looking to invest for long term can do SIP in this stock. Company is India’s largest private sector shipping company, owning and operating 43 ships and 23 offshore assets. The shipping business is involved in the transportation of crude oil, petroleum products, gas, and dry bulk commodities. The company is involved in the offshore services business through its wholly-owned subsidiary Greatship India Ltd. It provides offshore oilfield services with the principal activity of owning and/or operating offshore supply vessels and mobile offshore drilling rigs.
Market Cap
₹ 15,017 Cr.
Current Price
₹ 1,048
High / Low
₹ 1,129 / 658
Stock P/E
5.75
Book Value
₹ 868
Dividend Yield
2.75 %
ROCE
20.2 %
ROE
23.1 %
Face Value
₹ 10.0
Industry PE
27.6
Debt
₹ 3,048 Cr.
EPS
₹ 183
Promoter holding
30.1 %
Intrinsic Value
₹ 1,401
Pledged percentage
0.00 %
EVEBITDA
3.58
Change in Prom Hold
0.00 %
Profit Var 5Yrs
199 %
Sales growth 5Years
8.18 %
Return over 5years
33.8 %
Debt to equity
0.25
Net profit
₹ 2,614 Cr.
ROE 5Yr
15.5 %
Profit growth
6.30 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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GE Shipping - Sunrise SectorWith all kinds of tailwinds price wise and long term ships soon to contract at double prices..expect good numbers from the co going ahead too. Atleast until the Suez canal crisis doesn't end.
Long at 1000 with stoploss below 900...aggressive traders can keep it below 965...but I think this co is currently a cash printing machine and deserves a deeper stoploss.
A pennant breakout could lead to a near vertical move.
GESHIP | Swing TradeDisclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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GESHIPstock looking good above 991 taken multiple time rejection on 991
NOTE: only for educational purpose
RULE: 1: always trade with stoploss
2: decide your risk per trade and per day
3: believe to your analysis
4: stay positive and keep patience
technical analysis + money management+ physicalogy = successful trader