GESHIP - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.2

📈 Technical Analysis

• 📈 Chart Pattern: GESHIP is in a bullish continuation pattern, forming higher lows and approaching resistance near its 52-week high.
• 📈 Moving Averages: Price is above both 50-DMA (1,022 ₹) and 200-DMA (997 ₹), confirming bullish momentum.
• 📈 RSI (69.1): Near overbought zone, indicating strong momentum but caution for short-term pullback.
• 📈 MACD (16.3): Positive crossover, reinforcing bullish trend strength.
• 📈 Bollinger Bands: Price near upper band, suggesting breakout potential with elevated volatility.
• 📈 Volume Trend: Current volume (12.65L) is significantly above 1-week average (7.57L), indicating strong buying interest.

📍 Entry & Exit Zones

• ✅ Entry Zone: 1,020 ₹ – 1,050 ₹ (near 50-DMA and breakout support)
• 🚪 Exit Zone: 1,300 ₹ – 1,330 ₹ (resistance from prior highs)

📊 Trend Status

• 📈 Current Trend: Trending upward
• ⚠️ Bias: Bullish with strong volume and MACD confirmation

✅ Positive

• Strong ROCE (14.9%) and ROE (15.2%) reflect efficient capital deployment.
• Price above key moving averages and strong volume support bullish sentiment.
• FII and DII holdings increased by 0.24% and 0.73% respectively, indicating institutional confidence.
• Low debt-to-equity ratio (0.12) and attractive PEG ratio (0.34) suggest healthy financials and growth potential.

⚠️ Limitation

• RSI nearing 70 — watch for overbought signals and potential short-term correction.
• Quarterly profit variation declined by 35.6%, indicating earnings volatility.

📉 Company Negative News

• Despite strong PAT (388 Cr.), the quarter-over-quarter decline from 230 Cr. reflects a 35.6% drop in growth momentum.

📈 Company Positive News

• EPS of 132 ₹ and a low P/E of 10.5 make the stock relatively undervalued compared to the industry average.
• Strong dividend yield of 2.74% adds to investor appeal.

🏭 Industry

• The shipping sector is cyclical but currently benefits from global trade recovery and freight rate stability.
• GESHIP trades below industry PE (10.5 vs 13.4), suggesting relative undervaluation.

🧾 Conclusion

• GESHIP is trending upward with bullish technical indicators and strong institutional support.
• Short-term traders may consider entries near 1,030 ₹ and exits near 1,320 ₹.
• Long-term investors should monitor earnings consistency and RSI levels before adding exposure.