GRSE had a good cup and handle breakout. Then consolidated side ways for more than 17 months and gave a breakout again recently. Generally longer consolidations results in explosive movements upwards or downwards depending on the upward or downward breakout. Mid term target 310 and long term 500 in 12- 18 months.
GRSE on the verge of Box Breakout . AS per Fibonacci next target comes around 544/618. Swing Low can be considered as SL.
Respecting trendline, Volume today is greater than past few days, Breaking the previous days high. Good one to look into.
GRSE is a strong breakout candidate. keep it on your radar!
price is at very big trendline also price seems little extended, so I am expecting a small pullback SL is 2.5% from current levels
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
it gives good trend line breakout And volume also good Stock is in uptrend Wait for retracement and then initiate long position
If breaks red line then upside 240+ target If breaks downside then downside 150 expected. Study purpose
GRSE is trading at its all-time high. 2-year breakout visible on screen. Can be definitely checked out.
NSE:GRSE Good all time high breakout , looking to enter in a pullback...not a high beta stock , slow mover
Seems GRSE will cool off a bit ? In my opinion, it should ..
GRSE NSE is bullish if 249 holds. Near All-time High. ** For Educationl purposes only. NSE:GRSE
Garden Reach Shipbuilders & Engineers is a ship-building company in India under the administrative control of the MoD and primarily adhere to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. In addition to its ship and warship building capabilities, it is engaged in engineering and engine production activities. As a part of its...
Expecting 60% return in long term short term 25% for swing trade
Will be a good one for a Positional trade. Hold with a Strict SL below yesterday low or can accumulate up to the down trend line for long term purpose
share name : garden reach ship builders buy above 227 with sl 215 target 340 reason for buy : - share is forming a penant pattern - range consolidation period : 370 days - if a breakout comes of penant and range we can see good targets tHANKS
Long term position build up zone. Slowly one can buy in several parts at 184 to 163 for time horizon of one year and with returns of 20%. total qty of complete position should not exceed 2% of total investment.