[Premium] Trade Of The Week

The broader market had a significant correction in the last few days. Most defence sector stocks are in a primary uptrend, so we're looking for demand at key support levels.
Garden Reach Shipbuilders & Engineers is retesting the five-month base breakout level. The current momentum is in neutral territory.
This bullish thesis would be valid only if the price sustains above 315, with a target close to 365.

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Allstarcharts Team