Garden Reach Shipbuilders & Engineers LtdGRSE is trading near breakout zone we can consider this stock on current market price 905.50
with sl of 850 for target of 1030
debt to equity ratio - 0.01
GRSE trade ideas
GRSE Looks good for 5-10% ROI SwingThe stock is poised for an up move after a consolidation of 1 month, it would move up to the supply zones marked in black lines.
Entry can be 780 - 792 zone. SL DCB - 180 Targets could be 5 - 10 % as per Risk management.
Buy Garden Reach Shipbuilders & Engineers Short Term Trading Advice by Goodluck Capital
Buy Garden Reach Shipbuilders & Engineers (NSE:GRSE)
Buy Range- 595 - 612
Target- 665 - 675
StopLoss- below 560
Potential Return- 10-12%
Approx trade duration 10 - 12 days
GARDEN REACH SHIP BUILDERSGARDEN REACH SHIP BUILDERS (1D)
CMP 788.95
After Breakout with big Volumes price is consolidating in Narrow range
Might see breakout of price in near future
GRSE- Pole and Flag PatternNSE:GRSE 657
1. Rectangle Pattern's movement continue (Breakout was at 525 level)
2. Fresh Pole and Flag Pattern Breakout in the chart at 625 level with strong Volume
3. Upcoming levels to watch 725-800 levels
4. Support near the 600-550 level on the chart.
5. Recent uptrend is making this pattern strong
6. Today's Gap can consider as Breakaway Gap.
#TechnicalAnalysiswithMrChartist
GRSE-LONG DAILY TIME FRAME NSE:GRSE
Stock is in continue uptrend from last few days it has never traded below its previous swing in past few days.
On 27th-June stock has shown Bullish Engulfing (Bullish price action) which is good sign for positional equity/swing traders.
We can go long if it opens flat on Tuesdays (28th June) trading session.
SL: 550 Target: According to your risk reward 1:1 or 1:2
This is only for educational purpose, please manage your risk accordingly.
Resistance Breakout BTSTPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers
Garden Reach Shipyward - Longterm Bullish TrendGRSE 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.
Momentum In GRSEGRSE on the verge of Box Breakout . AS per Fibonacci next target comes around 544/618.
Swing Low can be considered as SL.
All time high in this one soonRespecting trendline, Volume today is greater than past few days, Breaking the previous days high. Good one to look into.
lonnnggggprice is at very big trendline
also price seems little extended, so I am expecting a small pullback
SL is 2.5% from current levels
Garden Reach Ship BreakoutThe 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.
Buy GRSE it gives good trend line breakout
And volume also good
Stock is in uptrend
Wait for retracement and then initiate long position
Stock getting ready for big move If breaks red line then upside 240+ target
If breaks downside then downside 150 expected.
Study purpose
GRSE has given fresh breakoutGRSE is trading at its all-time high. 2-year breakout visible on screen. Can be definitely checked out.
GRSENSE:GRSE
Good all time high breakout , looking to enter in a pullback...not a high beta stock , slow mover
GRSE Broke long term Resistance (Supply zone) with great Volume. Ready for new Rally.
Target : Minimum 335
grseGarden 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 engineering division it manufactures deck machinery items, pre-fabricated portable steel bridges and marine pumps. The company’s shipbuilding division contributes a significant majority of its revenue from operations.
Product segment
Shipbuilding
Engineering
Engine
GRSE Breakout after long ConsolidationExpecting 60% return in long term
short term 25% for swing trade
GRSE is on a BreakoutWill 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
GARDEN REACH SHIP BUILDERSshare 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
