NSE:GREAVESCOT   GREAVES COTTON LTD
STOCK:- GREAVES COTTON
CMP:- 87.70
TARGETS:- 97.30,106.75 and 116. 40
SL:- 78.50 on closing basis

The stock has been in a definite downtrend but now it has formed its DOUBLE BOTTOM
and is ready to fly high
THE stock has given breakout of the channel and today it closed above it with good volumes
The stock has also crossed above 200DMA and closed above it. Very bullish chart it is.

One can go long for the TARGETS.