Greaves Cotton - Positional Trade Idea
Greaves Cotton - Positional Trade Idea 🚀
📈 Multi-Year Breakout
Greaves Cotton has broken out of a long-term consolidation range on the weekly chart with a surge in volume, indicating strong bullish sentiment.
Entry: ₹260+
Target 1: ₹300
Target 2: ₹340
Stop-loss: ₹230
RSI at 71 reflects bullish momentum; watch for sustained volume to confirm the trend.
#GreavesCotton #BreakoutTrade #PositionalTrade #BSE
📈 Multi-Year Breakout
Greaves Cotton has broken out of a long-term consolidation range on the weekly chart with a surge in volume, indicating strong bullish sentiment.
Entry: ₹260+
Target 1: ₹300
Target 2: ₹340
Stop-loss: ₹230
RSI at 71 reflects bullish momentum; watch for sustained volume to confirm the trend.
#GreavesCotton #BreakoutTrade #PositionalTrade #BSE
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