GESHIP Bullish Flag BreakoutNicely breaks the bullish flag after consolidation. Can consider for swing trade
Trade ideas
Trendline Breakout in The Great Eastern Shipping Company Ltd...Chart is self explanatory.
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.
GESHIP Long15Year BO
Positional view(HP of 3months+)
500-600 is accumulation range
Stop-loss: 435(0.618 of entire move)
Target: 800+
Geship weekly time frameGeship give breakout on weekly time frame, wait for retest and go long.put your affordable stop loss.
GE Shipping - Support bounceWatch for a bounce right here or around 547 which is the 200EMA.
Tanker prices have done to the moon over the last one week and continued to go higher today as well..
GE does most of its ship bookings on the spot market so they could benefit from the windfall gains again.
I'll go long when it bounces. Ideally if it bounces of the 200EMA that would be the best.. and keep a 5% stoploss below that.
The company is also generating some large cashflows during these times from windfall gains which will eventually go into fleet expansions going ahead.
They are also starting to see gains on the Oil Rig side from the middle of this year when the rigs come in for repricing which will massively benefit the co coz these contracts will be locked in for 3 years atleast.
I believe this is one of the most misunderstood sectors in our stock market so the stock isn't priced correctly.
GESHIP- LONG~The information given in the chart is for educational purPose only.
~Do your own analysis before investing/\.
~LEARN MORE EARN MORE
GE Correction Wave Analysis GE is in wave 4 correction. It is not broken 20 weekly EMA for sometime. Entering at 20 weekly EMA (590) could be high risk reward for next move.
Long trade in GE SHIPPING - Consolidation BreakoutNSE:GESHIP
A long trade looks good here in GE Shipping as it has broken out of a consolidation, or also a ascending triangle pattern.
Breakout occurred with good volume activity. Chart shown is the hourly chart.
Pattern targets come out to be at 770.
SL can be kept below the breakout candle low, which will give a R:R of 1:3, or below the weekly pivot, which gives a R:R of close to 1:1.75.
Volatile stock with a good bid-ask spread so take that into account as well to manage risks!
YR 2022 Idea #175: Long on GESHIPThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Triangle Pattern & Psychology behind itSymmetrical Triangle Pattern & Psychology behind it
NSE:GESHIP - Triangle pattern on the verge of breakout
Everything is explained on the chart itself.
Entry can be made after the breakout. R:R should be according to appetite. This is no trade recommendation in any way.
Resistance Breakout & Retest in GESHIP DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout & Retest in GESHIP
Buy Today, Sell Tomorrow: GESHIP
GESHIP - Bullish Engulf Swing ReversalNSE: GESHIP is closing with an bullish engulfing candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Breakout in GESHIPBreakout in GESHIP in Daily timeframe.
Entry: Above 375
Target: 430
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
GE Shipping - Flag Pennant BreakoutGE Shipping :
Flag Pennant Breakout
Looks great to make new highs
GESHIP - Ichimoku Bullish Breakout Stock Name - The Great Eastern Shipping Company Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 555.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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Great eastern shipping Great eastern shipping.. keep eye on this stock 13-14 yrs of sideways consolidation breakout..CMP:536..above 575 closing can give good upward move
Monthly break outThis guy consolidates in between s&r lines.
Looks like gives breakout in coming days.
Wait for monthly close.
watch for range breakoutbuy above 485 for intraday and swing
for swing keep stoploss below 445 day closing basis
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
GESHIP looks good for a long entryThe stock forms a bullish engulfing pattern and closed above 20 SMA in daily chart......It also has confluence supports in the form of pitchfork median, channel and also ichimoku cloud.....
Rounded Bottom Breakout in GESHIPA nice rounded bottom pattern has been formed and had broken out the supply zone of 380 with a nice and big green candle and above average volume. RSI is little extended upwards, but when we see the past RSI value of this stock, overbought area of RSI is near 80 so it is ok that way. Aggresive entries can done at the close of the candle or above the high of the current candle next day with a stop loss below previous swing low or the low of the breakout candle with a target of 440 which is previous high and could act as a ressistance. And for a safe entry wait for the price to consolidate near breakout zone or the RSI value to come near 60 and enter when it bounce back upwards.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGreat Eastern Shiping
Stock looks very bullish, now trading at its strong resistance level on weekly chart
Stock is about to break its 14years old level, also good volume coming
if breakout sustains then buy for minimum 5-10% target.
If sustain above 445 then look for positional targets of 467 and 485. Once 485 is also broken it can move towards 530 levels.
If breakout not sustain or in case of gapup then avoid setup.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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GESHIP breakout levelGreat Eastern Shipping(GESHIP) on the verge of a multi year breakout. Keep track of this stock for long term.
