Greaves Cotton LTD. for Swing .
Breakout above 182 on Closing Basis.
Weak Below 160 .
Ready For Upside 205-230-250+
Support From Trendline on Daily TF and Momentum indicators also bullish.
NSE:GREAVESCOT
On weekly chart you can see price hit 165 level two times earlier and fallen heavily, so we need a closing confirmation above 165 for good upside move in positional view.
If you are trading Intraday Then take 5 Min candle close confirmation.
#GREAVESCOT
Breakout Entry Above - 165.50
Stoploss- 138
Potential targets.- 185,205,260+
Keep...
#GreavesCotton CMP 151 is now breaking abv trendline and going forward to 175/210.
Greaves Cotton is engaged in manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment etc
and now leading player in EV two wheeler segment.
Greaves Cotton Ltd Cmp 176.60 Looks good for short term
Facing resistance last two days volume is also good
can expect good move in 3 to 6 months
Please do your own analysis before take a trade
Greaves Cotton Ltd
CMP: 190
- Almost 40% down from its All Time High
- Bounced from 78.6% fibonacci retracement level
- Taking support at 200ema
- Better to wait for the retest instead of rushing into the trade with full capacity
Buy Greaves Cotton for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡Key triggers for future price-performance:
1) Transformation strategy to increase E-mobility and new-initiatives business share to drive long term growth and help transform and de-risk its business.
2) Consolidation of manufacturing operations into Megasites to bring...
GREAVES COTTON LTD
Stock given trendline breakout and now at resistance level
Good volumes coming
Good to buy above 181 levels for positional targets of 192/204/220
We had recommended Greaves cotton from 160 levels and have achieved 2 targets with over 50% returns running...3RD TARGET ON.
NOTE: Self explanatory chart for Education purpose only
Multi year Breakout on Greaves cotton ltd , cmp 227.40 /almost 7 year breakout on chart /good consolidation and nice breakout/do your own analysis before take any trade..
Stock name : GREAVES COTTON
Time frame : 1 DAY
Wait for proper breakout and retest for entry.
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Greaves cotton looks great on chart
It has been consolidating since 2014 and ready to breakout
Very positive as all EMA's are supporting the price together
It can explode anytime
already moved 30-40 points last week.
Big EV player
Disclaimer: This is not a recommendation but for educational purpose. Invest at your own risk.
Greaves Cotton looks extremely bullish after that re-test. Keep Stop Loss at Rs.150 and go long in this stock. Expect big targets in the medium term as the stock is around All Time High.
