Another C / 3 started ?5 wave rise - > shallow retracement (38%) -> 2 closes above 20DMA
Weekly Positive closing
Keeping fingers crossed for the marked zones
Happy Trading !
GRSE trade ideas
Ascending triangleAscending Triangle in formation
One can go long with proper risk as SL
Picture perfect ascending triangle
GRSE: Breakout mode after a consolidationNSE:GRSE - Garden Reach Shilbuilders is showing a good, clear upmove after breaking a rectangle consolidation zone.
In last 1 week's trading session it shows a strong positive upmove with increasing volume build up. Perfect to poise to move towards 550 zone in near term.
Buy zone: 495-505,
SL: 480,
Target: 550
GRSE - Ichimoku Bullish Breakout Stock Name - Garden Reach Shipbuilders & Engineers Ltd
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 501
#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
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
GRSE - Ichimoku Bullish Breakout Stock Name - Garden Reach Shipbuilders & Engineers Ltd
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 469
#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
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Buy Today, Sell Tomorrow: GRSEDON'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
Trendline Breakout in GRSE
Buy Today, Sell Tomorrow: GRSE
#GRSE #PURE PRICE ACTIONTRADE wisely.
WE CAN JUST PREDICT.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 53.25%
Debtor days have improved from 83.73 to 56.99 days.
The company has shown a good profit growth of 18.43% for the Past 3 years.
The company has a good cash flow management; CFO/PAT stands at 1.45.
The company has a strong degree of Operating leverage, Average Operating leverage stands at 6.51.
Company has a healthy Interest coverage ratio of 18.31.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Long GRSE target Rs. 320+ in long TermThe Stock need a close above 233 in order to move to higher level also a very strong lifetime resistance. These are long term targets and final target is 320+ with Stop Loss on monthly closing basis on 178
Slow moving so add as per your risk in SIP Mode.
Ascending triangle breakoutAscending triangle breakout. Might come back to the resistance to restest and continue the upmove.
Testing over extended movesTook very small position just for testing purpose.
Move is extended to the downside
Price is at big support on HTF
Broke HL on 1hr TF
Closed above moving average on 15min
SL is bit big as compared to profit level
GRSE TARGET 337GRSE good retracement in weekly channel trend. Travels towards resistance. Target 337
#GRSE - Short term idea#GRSE - Short term idea
CMP - 317.85
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
Please like and retweet if you like this idea.
GRSE After the breakout on 12 april with good volume , the stock has came to retest the level . It can be a buying opportunity.
GRSE 25%on day chart,highly potential breakout chnace to move upside.
all details in chart.
note-only for educational purpose.
GRSE- RECTANGLE CHANNEL BREAKOUT DAILY TIME FRAME .Swing Trade-GRSE Rectangle Channel Breakout Daily Time Frame. Expect a 5-7 % Return on This Stock. Only Education Purpose.
Garden Reach Ship - A Multi-bagger in Making Garden Reach Ship
Entry Price - Above 244 for Quick move on Short Term
Best Buying zone for Long Term - 200-230 Zone
Target 360-480-640
Stop Loss Below 188
Long Term Sl (Exit Point) - 168
Disclosure - No Trade Recommendation
NSE:GRSE
Garden Reach Shipbuilders & Engineers Ltd Trend AnalysisGarden Reach Shipbuilders & Engineers Ltd
1. Good fundamental stock
2. Good long term retest
3. Confirmation break level after expect target 🎯
PULLBACK AND CONTINUATION Garden reach shipbuilders has been trading in channel / rising wedge.
pullback and continuation can be seen of a ascending triangle in the stock
Good VOLUME increase can be seen in the stock.
Safe buy above 280 ATH with sl of 260 for a shorterm target of 300-325
do keep the stock in radar.
PLEASE FOLLOW RISK MANAGEMENT.
