Trend Reversal! Invest!!🟢Its trading near 35% of its IPO price. Weekly RSI crossed 55. 🟢W chart indicate capitulation & trend reversal near 171.35. 🟢Momentum invest trend follower given buy signal in W chart. 🟢Invest in GRMOVER @171 & Add on decline @148. SL=133 WCB.Longby TradersVenueUpdated 0
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.Longby MasterTrader1949X8
Double Breakout with good volumeGRMOVER was consolidating in lower levels for very long now it has broke resistance targeting 230.Longby MarketikUpdated 2
📈 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! 🚀📊💼 Longby aryn_93
Reversal Play!! Stage1 Uptrend!!🟢1W charts indicate capitulation & volume explosion near 175 🟢GRMover taken support at 166 & has entered stage 1 uptrend 🟢It has given buy signal at 192.10 on VSA Momentum indicator. 🟢Will buy at CMP. Add more on decline near 179. SL=166 WCB 🟢Above neckline resistance of 208 stock will start fresh uptrendLongby TradersVenueUpdated 0
GRM OVERSEAS - ROUNDING BOTTOMThe Stock after long consolidation had given breakout last week above 200 205 zones...The stock has retest the breakout and now heading towards 400 plus zones by mid next year Buy at CMP 200 to 195 Stoploss 180 Closing Basis Longby HarnishBH0
#GRM Overseas Ltd cash : Strong Reversal from Selling Zone#GRM overseas Ltd cash -Positional call 07.09.2023 Looks good above 230.25 Stoploss 200 Tgt 290-300/360/430 Cmp 222.55Longby anandnst334
GRMOVERGRMOVER Keep an eye Positional Trade/Bottom Fishing CMP 213 ANY DIPS to 200 can be bought SL 173 Target 290/370 6-12 months Exit on SL or on TargetLongby Singh_Siddz4
Range breakout Its been consolidating past 4 months, now it gives breakout the range with good volumes. Can be bullish, target maybe near the trendline. Simple PRICE ACTION :)Longby Priyansh_goel1
Stage 2 Breakout📌Stage 2 Breakout ⚠️Wait for a pull back GRMOVER + Coming out of stage 1 + Validated with high volume - Still below 200 EMAby ChartShala556
Long term Trade ; Monthly SwingBuy at bottom sell at High Buy @185-187 Traget @290 ; Please Trail Your SL Near 200 Level Generally 100's Level act as Resisatnce SL - 160Longby Ravi_KasliwalUpdated 5
GRM OVERSEAS is going upside like EagleGRM is breakout most awaited trendline . latest Stock support on most important level hwich are tested in previous period. current breakout is looking great with volume check.Longby Satyanarayan_Vibhute556
Buy Only on RetraceENTRY: 399 TARGET 1: 430 TARGET 2: 446 SL: 377 Positive: 1) Strong Trendline break. 2) Strong price movement 3) Trading above Day Pivot 4) RSI above 50 on 4 Hour Chart Negative: 1) Still in Downtrend 2) No Higher Heigh 3) Risky Trade Longby sandmehta2014Updated 1