GRSE - Swing Trade Analysis

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

Swing Trade Rating: 4.2

📊 Technical & Momentum Analysis

Current Price (₹2,581) is below the 50-DMA (₹2,685) but comfortably above the 200-DMA (₹2,133), indicating a pullback within a broader uptrend.

RSI (41.4): Approaching oversold territory — suggests potential for a bounce.

MACD (-93.0): Bearish momentum, but could be bottoming out.

Volume: Below weekly average — signals reduced short-term interest, but not alarming.

📈 Fundamental Strength

ROCE (37.3%) & ROE (28.1%): Exceptional profitability — strong operational efficiency.

Debt to Equity (0.00): Zero debt — financially robust.

EPS (₹46.0) vs Stock P/E (56.0): Reasonable valuation compared to Industry PE (68.1).

PEG Ratio (1.31): Slightly elevated, but acceptable given strong earnings growth.

Quarterly PAT Growth (119%): Outstanding earnings momentum.

FII Holding Increase (+1.48%): Strong institutional confidence.

⚖️ Swing Trade Suitability

Why It’s Attractive

Strong fundamentals and zero debt.

Recent earnings surge and FII accumulation.

Price near support zone (200-DMA) with RSI nearing reversal territory.

Risks to Watch

MACD still negative — wait for flattening or crossover.

Volume tapering — look for pickup before entry.

🎯 Optimal Entry Price

Entry Zone: ₹2,500–₹2,550 — near support and 200-DMA. Ideal if RSI crosses 45 and MACD starts converging.

🚪 Exit Strategy

If Holding: Target exit around ₹2,750–₹2,800 — near 50-DMA and short-term resistance.

Stop Loss: ₹2,450 — breach below this level may signal trend reversal.

GRSE is a fundamentally strong defense PSU with a solid swing setup forming. If you're already holding, you're in a decent spot — just keep an eye on momentum indicators for confirmation. Want help scanning similar defense sector plays with better volume action? I’ve got a few in mind.

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