GRSE – Strong Reversal Setup from Major Support
📌 Price Action:
The stock has shown a solid bullish reversal from a key support zone (Bottom 2) after several red candles. Buyers clearly stepped in today.
📌 Indicators Supporting Reversal:
Bounce from lower Bollinger Band
RSI turning up from oversold
MACD deeply stretched → room for upside
Volume improving
📌 Upside Projection:
If price sustains and approaches the trendline:
Target 1: ₹3,100 – ₹3,250
Target 2: ₹3,600 – ₹3,800
Extended momentum can push higher toward the ₹4,000 zone.
📌 Why This Setup Works:
Clean support reversal
Oversold + volatility expansion
Big upside room with strong RR
📌 Key Levels:
Support: ₹2,285 – ₹2,320
Breakout Zone: Above ₹2,700