GRSE ! Can go new highs!?
Looks like a trend reversal
volume impressive
down trend line break
note stock in a Downward trend
defence sector also bearish in last month
so be careful..keep strict stoploss
Target would be 2k++
stoploss 1700
exit position 1650
risk 130 reward 200++
Head and shoulder reversal pattern
sector also trying for reversal
my priority is GRSE as the patern s very clear
Then mazagon (very volatile) ..cochin ship ..
Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard
NB suggested in lower levels before also..
volume impressive
down trend line break
note stock in a Downward trend
defence sector also bearish in last month
so be careful..keep strict stoploss
Target would be 2k++
stoploss 1700
exit position 1650
risk 130 reward 200++
Head and shoulder reversal pattern
sector also trying for reversal
my priority is GRSE as the patern s very clear
Then mazagon (very volatile) ..cochin ship ..
Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard. GRSE is a diversified, profit making and the first Shipyard in the country to export warships and deliver 100 warships to the Indian Navy and Indian Coast Guard
NB suggested in lower levels before also..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.