GESHIP - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 4.3

📊 Chart Patterns: GESHIP is trading above both its 50 DMA (1,081 ₹) and 200 DMA (1,027 ₹), reflecting a bullish structure. The price is close to its 52-week high (1,181 ₹), suggesting strong resistance ahead but overall strength in trend.

📈 Moving Averages:

- 50 DMA: 1,081 ₹ (support)

- 200 DMA: 1,027 ₹ (major support)

The stock is comfortably above both averages, confirming an uptrend.

📉 RSI: 54.5 → Neutral to slightly bullish, not overbought, leaving room for further upside.

📈 MACD: 6.58 → Positive crossover, confirming bullish momentum.

📊 Bollinger Bands: Price near upper band, showing strong buying interest but risk of short-term pullback.

📊 Volume Trends: Current volume (1.87 lakh) is lower than 1-week average (2.56 lakh), indicating reduced participation despite bullish signals.

🎯 Momentum Signals:

- Short-term bias: Bullish with moderate strength

- Entry Zone: 1,070–1,090 ₹ (near DMA support)

- Exit Zone: 1,170–1,180 ₹ (near 52-week high resistance)

- Breakout potential above 1,180 ₹ could target 1,220–1,250 ₹.

📌 Trend Status: Trending upward with bullish signals. Consolidation possible near resistance, but breakout potential remains strong.

Positive

• Strong ROCE (14.9%) and ROE (15.2%) indicate efficient capital usage.
• Quarterly PAT growth (460 Cr vs 388 Cr) shows earnings momentum.
• EPS of 125 ₹ supports valuation strength.
• Low debt-to-equity ratio (0.10) ensures financial stability.
• Dividend yield of 2.68% adds shareholder value.

Limitation

• Volume participation is lower than average, reducing breakout probability.
• Quarterly profit variation (+3.87%) is modest, showing limited growth momentum.

Company Negative News

• No major negative news reported, but modest quarterly growth may limit near-term upside.

Company Positive News

• FII holdings increased (+0.24%) and DII holdings increased (+0.73%), showing institutional confidence.
• Strong profitability with consistent dividend payouts.

Industry

• Industry PE: 12.3, slightly higher than GESHIP’s PE of 10.5, suggesting undervaluation.
• Shipping sector remains cyclical but supported by global trade demand.

Conclusion

⚖️ GESHIP is trending upward with bullish signals supported by MACD and DMA levels. Entry near 1,070–1,090 ₹ offers accumulation opportunity, while resistance lies at 1,170–1,180 ₹. A breakout above 1,180 ₹ could extend momentum towards 1,220–1,250 ₹. Investors may accumulate on dips, while traders can ride the trend with stop-loss near 1,050 ₹.