GESHIP - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📉 Intraday Trade Analysis – Great Eastern Shipping Co. Ltd. (GESHIP) IntraDay Trade Rating: 2.9

GESHIP displays strong long-term fundamentals (low debt, high EPS, attractive PE), but its intraday chart isn’t primed for short-term momentum trades today. The low RSI, bearish MACD, and muted price action suggest a cautious stance. It's not a bad candidate, but best suited for skilled scalpers or pullback traders rather than momentum chasers.

📊 Technical Snapshot

RSI (42.6) → Under pressure; recovery above 45 needed for bullish momentum.

MACD (-5.45) → Bearish divergence; trend is softening.

Volume (3.59L vs Avg 2.77L) → Slightly elevated, but lacks breakout energy.

Price below DMA50 (₹973) and DMA200 (₹989) → Downtrend bias persists unless reversal signals emerge.

52W Index: 25.8% → Well off highs; not in leading momentum territory.

💸 Intraday Trade Setup

🧾 Trade Element Recommended Range (₹)

Buy Zone ₹954 – ₹959

Profit Target ₹966 – ₹974

Stop-Loss Level Below ₹948

Enter near ₹956 only on confirming reversal signs — bullish candle pattern, RSI trending up, and MACD curling toward zero. Otherwise, best to stay defensive.

⏱️ If Already Holding Today

Exit for Profit

Sell between ₹966–₹974 if RSI crosses above 45, MACD narrows positively, and intraday volume pushes above 4L.

Confirmation: Green candles with no long upper wicks and continuous buying pressure.

Exit for Loss Protection

Tighten exposure below ₹948 if RSI dips under 40 and MACD flattens further.

Red flags: Doji formations or bearish engulfing near resistance zones.

🧭 Final Verdict

GESHIP's valuation and fundamentals make it a solid long-term bet, but intraday momentum today looks flat. Unless volume surges and indicators swing bullish, it’s more of a "watchlist stock" for now. Want something with cleaner bullish signals? I’ll be happy to scan the charts and tee up better setups.

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