GRSE has retraced its entire upmove starting in June 2024 at 1350 all the way to 2800. As per fibonacci, it has retraced to under key level of 23.6 and shown V shaped recovery.
Currently its breaking out of an inverse Head & Shoulder pattern post correction indicating a strong reversal in trend.
Breakout point is ₹ 1743. Enter at the current price of ₹ 1767 with the Target of ₹ 2050 & ₹ 2560. On the lower side, ₹ 1662, ₹ 1614 & ₹ 1500 will act as a good support.
