GRSE: Multi-year breakout from ascending Channel(Monthly Chart)
Garden Reach Ship builders got listed in the month of Oct'18. It had entered a consolidation phase in Sep' 2019 which lasted for 4 long years.The scrip broke out of consolidation in the month of Aug'22 and has since more than doubled.
The stock has been continuously rising and has also broken out of an ascending channel in the ongoing month of Aug'23.
Three expected targets are assigned in the chart.
The stock has been continuously rising and has also broken out of an ascending channel in the ongoing month of Aug'23.
Three expected targets are assigned in the chart.
Note
Target 1 achieved!Note
All targets achieved!Stock turned multi-bagger!!!!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.