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Technicals for Garden Reach Shipbuilders & Engineers Limited
By MusingTheNews
2025-10-17 20:34
Overall Technical outlook
Price Summary
On 2025-10-17, GRSE's stock started at 2608.0, reached a high of 2670.6, fell to 2590.0, and ended -0.44% lower at 2596.4, with 1064429 shares traded. In the 52-week period, the stock's peak price is 3492.7, and the lowest price recorded is 1214.35. The projected price range for Garden Reach Shipbuilders & Engineers Limited is between 515.0 and 3500.0, with an expected mean price of 2354.0, according to 3 analysts.
Technicals
Support and Resistance: At 2596.4, the price for GRSE is supported at 2482.9 and resisted at 2617.9. This indicates a trading range where 2482.9 serves as a support level, potentially preventing further decline, while 2617.9 could limit upward movement. Support/Resistance for GRSE
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Garden Reach Shipbuilders & Engineers Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for GRSE, with no strong trend emerging. Bolinger Bands chart for Garden Reach Shipbuilders & Engineers Limited
Parabolic SAR: The PSAR for GRSE continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Garden Reach Shipbuilders & Engineers Limited
Stochastic: The STOCHASTIC is in a neutral stance for GRSE, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Garden Reach Shipbuilders & Engineers Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Garden Reach Shipbuilders & Engineers Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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