Cyber Monday saleUp to 70% OFF

Greaves

GREAVES COTTON -- WEEKLY BREAKOUT GREAVES COTTON -- WEEKLY TRENDLINE BREAKOUT . 1, Greaves cotton seen weekly trendline breakout on chart 2. stock trading at upper channel , whereas support at lower level of upper channel seen around 150-155 level bullish pattern seen on chart now 3. stock trading near 200 HMA , above 200 HMA candle closing will be sharp upmove towards 200 level can be seen 4. trix custom indicator seen turn green and just cross and move above 0 line which is strong bullish indicator. 5.current quarter result is strong as fundamental price aprreciation from now. 6. BUY GREAVES COTTON around 171-172 TARGET 180-200-225 + short term ( 1-2 month) and stop loss bellow 140 ** this idea is for Educational Purpose ** trade at own risk !! HAPPY TRADING !!
NSE:GREAVESCOTLong
by champtrade111
2
GREAVES COTTON LTD - POSITIONAL GREAVES COTTON LTD ---POSITIONAL DAILY CHART BULLISH SIGNS. 1. Double bottom formation around 155-156 level from where trend reversal seen 2. Trendline breakout seen at strong support line 160-165 3. Last candle bullish strength seen at high of candle 178 is short term resistance 4. uptrend confirm once 180 level breakout upside at closing basis that means next candle should close above 180 then confirm BUY level 5. Bullish rounded bottom cup formation at daily chart BUY GREAVES COTTON bove 180 TARGET 200 - 220 - 240 STOP LOSS 150 ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk .! HAPPY TRADING. !
NSE:GREAVESCOTLong
by champtrade111
2
Greaves Cotton - Ready to Fly Entry – CMP 157 (breakout was 156.8) Stop loss -150.6 (Deep Stop 137) Target 1 – 205.1 Target 2- 290.25 Duration – 2-3 years Co produces electric engines for offices generators and ebikes (high demand for their products) Co is almost debt free Expect current financial year (Mar 2021) Co was making decent and consistent profits Co is trading at Par Valuation (P/B) to its peers like Cummins, Swaraj engines, G G engineering. Promoters of company are constantly added shares over last 2 years. Co Owns Subsidiary Co named Ampere which produces electric Scoters. 2 Wheeler Electric segment is expected to grow at 70% CAGR over next 5 years. So huge Value building can be expected from Greaves Cotton. Technical - Volume accumulation is seen in last 2 weeks with Cup and Handle pattern on weekly chart. Once Stock reaches all time high above 175.6 it will enter uncharted territory. P.S : Holding this Script from lower levels. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position. Please like Share and Comment if you like our work.
NSE:GREAVESCOTLong
by SagirKazi
1