Stock Alert: GRSE (Garden Reach Shipbuilders & Engineers Ltd)
๐ Descending Channel Breakout Potential
Buy Above: โน1807
Sell Target: โน3530
Gain Opportunity: ~96% if the pattern is completed successfully
๐ก Technical Analysis Highlights:
A bullish reversal pattern is forming with the potential to break out from the descending channel.
Sector: Producer Manufacturing | Trucks/Construction/Farm Machinery
Strong upward momentum supported by improving fundamentals.
๐ Key Fundamentals:
EPS Growth YoY: +12% (Sep '24)
Revenue YoY: โน1,152 Cr (+28%)
๐ Plan your trade. Trade your plan!
Stay tuned for further updates and insights. ๐
#StockMarket #GRSE #TradingTips #BreakoutStrategy #InvestWisely #inestofino
@investofino
๐ Descending Channel Breakout Potential
Buy Above: โน1807
Sell Target: โน3530
Gain Opportunity: ~96% if the pattern is completed successfully
๐ก Technical Analysis Highlights:
A bullish reversal pattern is forming with the potential to break out from the descending channel.
Sector: Producer Manufacturing | Trucks/Construction/Farm Machinery
Strong upward momentum supported by improving fundamentals.
๐ Key Fundamentals:
EPS Growth YoY: +12% (Sep '24)
Revenue YoY: โน1,152 Cr (+28%)
๐ Plan your trade. Trade your plan!
Stay tuned for further updates and insights. ๐
#StockMarket #GRSE #TradingTips #BreakoutStrategy #InvestWisely #inestofino
@investofino
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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.
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.