GRSE - Time for Bounce Back

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GRSE - Garden Reach Shipbuilders & Engineers Ltd is a premier shipbuilding company in India under the administrative control of the Ministry of Defence, primarily catering to the shipbuilding requirements of the Indian Navy and the Indian Coast Guard.

The stock has just completed its Elliot wave 4and we can see a bounce towards 2000 levels

For a detailed explanation on Elliot waves basics, please refer to the following link: investopedia.com/terms/e/elliottwavetheory.asp

DISCLAIMER: It is important to note that the information provided in this analysis is intended solely for educational purposes. It is strongly advised to consult with a financial advisor prior to making any investment decisions. I cannot be held responsible for any financial losses that may occur.
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The stock has moved by 7% in just 2 days
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