Greaves cotton has a strong 14-month-old support zone from where it has taken support for the sixth time and is now testing its 4 year old S/R zone. If the stock gives a strong closing above this
zone, we can expect a further upmove.
Buy above 160 (day closing for positional, 5 minute closing for intraday) for intraday target of 1-2% and positional targets of 165. 169 and 172
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
zone, we can expect a further upmove.
Buy above 160 (day closing for positional, 5 minute closing for intraday) for intraday target of 1-2% and positional targets of 165. 169 and 172
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
