Overall Technical outlook

Price Summary

On 2026-02-02, Garden Reach Shipbuilders & Engineers Limited's stock opened at 2537.0, reached 2599.9, hit a low of 2490.0, and rose 1.83% to close at 2583.5, with 1848928 shares traded.
The stock's highest value over the last 52 weeks is 3492.7, and the lowest value is 1214.35.
The price projection is between 515.0 and 3500.0, with an average expected price around 2347.0, according to 3 analysts.

Technicals

Support and Resistance: At 2583.5, the price is supported at 2544.0 and faces resistance at 2716.9. This range suggests that the price for GRSE might stay between these levels, with 2544.0 acting as a floor and 2716.9 as a ceiling.
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Support/Resistance for GRSE


Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Garden Reach Shipbuilders & Engineers Limited. This suggests a period of market balance, where neither side is showing dominance.
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Aroon chart for Garden Reach Shipbuilders & Engineers Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Garden Reach Shipbuilders & Engineers Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Bolinger Bands chart for Garden Reach Shipbuilders & Engineers Limited


Parabolic SAR: The PSAR continues to be bullish for GRSE, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Garden Reach Shipbuilders & Engineers Limited


Stochastic: The stochastic indicator for GRSE reflects the K-line moving below the D-line, though it stays above 80, hinting at the potential beginning of a bearish price move. This setup suggests that the market's strength may be diminishing, with a possible downturn ahead. Traders should be on alert for further bearish confirmation.
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Stochastic chart for Garden Reach Shipbuilders & Engineers Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for GRSE, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Tripple SMA chart for Garden Reach Shipbuilders & Engineers Limited


Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.