Garden Reach Shipbuilders & Engineers Ltd – Strong Bullish Reversal

The stock has shown a sharp recovery after a correction phase and is now moving in a strong uptrend with bullish price structure. 🔎 Technical Observations: • Sharp bounce from lower support zone • Formation of higher highs & higher lows • Strong bullish candles with follow-through buying • Price sustaining above key moving support levels • Momentum indicators turning strongly positive 🔑 Key Levels to Watch: • Immediate Support: ₹2,730 – ₹2,700 • Major Support: ₹2,550 – ₹2,420 • Immediate Resistance: ₹2,950 – ₹3,000 🚀 Upside Targets: • ₹3,050 • ₹3,180 • ₹3,300+ 📉 Risk Scenario: Breakdown below ₹2,700 may weaken the trend and lead to downside towards ₹2,550 📈 Trading View: 👉 Stock is in strong bullish momentum after reversal 👉 Dips can be buying opportunities near support zones 👉 Sustained move above ₹3,000 can trigger fresh breakout rally ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊