A triangular formation , expectation of getting all time new highs. Buy on cmp, add on dips , maintain SL of 125 & look for tgt of 180 zone.
NSE:GREAVESCOT if sustain above 165 then we can see T 172 184 198
Price is giving a breakout from a strong resistance / supply zone . Also , we can see the price making higher high's on the hourly timeframe chart. Additionally , the electric vehicle theme can give a good boost to this stock as Govt . has also announced higher subsidies to EV manufacturing business. Through this, the government aims to promote electric vehicle...
looking bullish.invest on dips
Greaves Could be good On long side for shortterm
It Broke Consolidation Zone, (1W-TIMEFRAME) Possible TARGET 109 Soon !! NOTE: This Analysis Based On 1 Week Time frame, Targets May Achieve Within Period Of 3 to 6 Months. Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
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
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.