Description
⋅ Greaves Cotton Ltd.
The stock has formed a double bottom pattern.
Technical indicators are mild bearish.
***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***
If the price closes above 90 level, the next resistance is 112 and then 130 on the hourly chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute