GRSE - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 3.9

📊 Intraday Trading Analysis — GRSE (Garden Reach Shipbuilders & Engineers)

✅ Strengths for Intraday Setup

Trend Support: Price is above both 50-DMA (₹2,550) and 200-DMA (₹2,236), indicating a bullish structure.

Volume: Current volume (58.09 lakh) is higher than the 1-week average (44.56 lakh), showing strong intraday interest.

Fundamentals: ROCE (36.6%) and ROE (27.6%) are excellent; zero debt adds financial resilience.

Institutional Sentiment: FII holdings increased by 1.48%, signaling confidence.

PEG Ratio: At 1.28, suggests reasonable valuation relative to growth.

⚠️ Weaknesses

Momentum Indicators: RSI at 56.3 is neutral, and MACD at -11.0 shows bearish divergence — momentum is softening.

Valuation: P/E of 53.7 is high, though still below industry average (75.3).

Profit Decline: PAT dropped from ₹244 Cr. to ₹120 Cr. — a 50% fall, which may cap upside.

52W Index at 61.3%: Mid-range positioning — not near breakout or support extremes.

📈 Intraday Strategy

🔹 Optimal Buy Price

Buy Zone: ₹2,610–₹2,625 (near VWAP and minor support)

🔹 Profit-Taking Levels

Target 1: ₹2,660 (recent resistance)

Target 2: ₹2,690 (if volume spikes and RSI >60)

🔹 Stop-Loss Level

Stop-Loss: ₹2,580 (below 50-DMA and psychological support)

🔻 Exit Strategy If Already Holding

Exit on Weakness

Price drops below ₹2,590 with rising volume and RSI dips below 52

MACD continues downward slope

Exit on Strength

Price breaks ₹2,660 with volume >1.5x average and RSI >60

Trail stop-loss upward to ₹2,625 once ₹2,660 is breached

🧠 Final Take

GRSE is a moderately strong intraday candidate today. While fundamentals and volume are supportive, soft momentum and earnings pressure suggest a tactical approach. Best suited for range-bound scalping with disciplined risk control.

Let me know if you'd like to track breakout levels or set up a trailing stop strategy!

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