GRSE - IntraDay Trade Analysis

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

📊 Intraday Trade Rating: 3.4

Garden Reach Shipbuilders & Engineers Ltd (GRSE) shows mixed signals for intraday trading today. While fundamentals are strong, technical indicators suggest caution. Here's a detailed breakdown

📉 Technical Snapshot

RSI (41.4): Neutral zone, not indicating strong momentum.

MACD (-93.0): Deeply negative, signaling bearish pressure.

Volume (5.84L vs Avg 8.51L): Below average, showing reduced intraday interest.

Price below 50 DMA (2,685 ₹): Short-term bearish bias.

VWAP (approx 2,579 ₹): Price hovering near VWAP, suggesting indecision.

📈 If You're Looking to Enter Today

Optimal Buy Price: Only consider entry above 2,590 ₹ with volume surge and bullish crossover.

Profit Target: 2,618–2,645 ₹ (minor resistance zones).

Stop Loss: 2,562 ₹ (recent support level).

🕒 If You're Already Holding Today

Exit Strategy

If price fails to hold above 2,579 ₹ (VWAP), consider exiting.

If price drops below 2,562 ₹, bearish momentum may accelerate—exit to protect capital.

Watch for MACD crossover or RSI rising above 45 for potential bounce.

🧠 Fundamental Highlights

Zero debt, strong ROCE (37.3%) and ROE (28.1%).

Q-o-Q PAT growth of 119% is impressive.

PEG Ratio (1.31) suggests reasonable valuation for growth.

FII interest rising (+1.48%), a bullish institutional signal.

Would you like me to track GRSE’s live price action and alert you to breakout levels? Or explore similar defense sector stocks with stronger intraday setups?

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