Greaves Cotton near breakout. It can be added upto 82. Small resistance at 100-110. Next target is 130+.
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Greaves cotton on a daily time frame, it is trying to break the upper trend line. This time it might break. Watch out for more upside in the coming days
Reward to follow me
GREAVES COTTON analysis , a simple and powerful breakout technique that can give you solid risk to reward
Note: This is for educational purpose only. There seems to be a bullish engulfing at long term support. Buy above high of current candle.
Price making higher highs and higher lows. After each high there is sell off and movement towards the trend line followed by a breakout. CMP SL:85.15 Target:95
Stock is in strong uptrend should bounce again. Follow the stop loss, don't hold for long.
The stock has been stuck in a trading range for almost 3-years now. The volume signature within this trading range indicates that major accumulation is underway in this stock. The price action in the past few weeks has been very constructive with volumes picking up along with momentum to the upside. I am watching this stock with interest and would buy it either...
Price seems to be breaking out above 162, from a weekly consolidation zone. An interesting long setup here. Will add longs on a smaller retracement day.