Gravita has formed rounding bottom and now it is in the process of breakout or it may form handle. In that case rounding bottom will become cup and handle pattern. So I applied fib levels. When the price crosses .382 which is above 90pts with high volume it will make the price to reach 130 and 160 in 1 to 2 yrs. Consult your financial manager before...
Gravita India has made a triangle breakdown
we may see weakness in next coming days...
target are 75/72/68
SL : 78
Note: Do your own study before making any position...
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Gravita India has made channel breakout with bullish BB expansion
CMP : 65
Target 1 : 68
Target 2 : 75
Target 3 : 80+
SL : 62
Note: Do your own study before making any position...
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On stock Gravita India as previoisly I have mentioned negative divergance on daily charts it is showing positive divergance on hourly chart after taking support over 50 days EMA .. I think it has made a bottom on support of 50 days EMA... Now my expection is it may boom to 75-80 region within 2-3 months....Good to buy at current level value for money ......
CMP:...
It has shown a negative divergance and a big downfall with high volumes.....
it can fall upto 50 days EMA and take support over it because it is in uptrend on monthly chart .... for long term investment this fall is a golden opportunity....
it may fall upto 50 - 47 region.......
Gravita India is forming a rounding bottom in weekly chart which indicates the bullishness of the script. Heavy volume indicates the accumulation of the script by the investors are high. I expect this stock to reach the price 80 in one year. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an...
This stock is showing a bullish expansion where candels are riding with upper bollinger band with higher volume.. this stock has a very strong uptrend with target of 100+ .....
