GREAVESCOTTON: Value pickGREAVESCOTTON
1. A perfect time to grab this opportunity.
2. Potential rewards are 10-20-25%
3. All TGTs are depicted as a part of the Bearish Bat Pattern
GREAVESCOT trade ideas
Positional or Longterm Opportunity in Greaves CottonGo Long above 152.05 for Targets of 173, 193.95, and 1839.2 with SL 131.1
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.618 Fibonacci level.
3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
GREAVES COTTON CAN GIVE AN UPMOVEGreaves cotton has a strong 14-month-old support zone from where it has taken support for the sixth time and is now testing its 4 year old S/R zone. If the stock gives a strong closing above this
zone, we can expect a further upmove.
Buy above 160 (day closing for positional, 5 minute closing for intraday) for intraday target of 1-2% and positional targets of 165. 169 and 172
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.
Learn & earn,
Dr . Tanya Kumar
Greaves Cottom- After a sharp correction now ReboundVery Nice Chart pattern, W shape recovery is seen , stcok is respecting the support levels. Expected a 20-25% upside shortly.
GREAVESCOT | Ready for 28%+ Move ?NSE:GREAVESCOT
Cmp : 205.20
Target : 225/ 249/ 258
Stop Loss: Closing below 188
Risk Reward Ratio = 1:3
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
Greaves Cotton BullishGreaves Cotton seems strong breakout from cup with handle
consider for swing if price sustain above 205 in daily
Greaves Cotton 1dtfLooks like an upside opportunity and have good weekly closing and have targets of 190,196,223
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. !
#GreavesCotton cash : looks good only above 196.10#GreavesCotton cash-Positional call
22 March 2022
Looks good only above 196.10
stoploss 178
Target 218-220/248
Cmp 187
GREAVESCOTGreaves 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
Greavescot ready for next moveElectric scooter major Greavescot did a little pullback and now is ready to make the next upward move.
Greaves Cotton ready for the uptrend!🤩💸🔥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 higher operational efficiencies and reduced fixed costs in the long run.
.
✔️ Technically & Fundamentally Strong💪💪
The company recently posted a Good Q3 Result.
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💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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Like, Comment & Share 😄😄😄
Greaves Cotton at good supportEarlier resistance is now acting as support and also it is at 200 ma.
Good buying interest seen at this 170 levels.
SL 155
T 255
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGREAVES 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
Multiple bullish signs in Greaves cottonThe stock had given a range breakout in January. After making a high it has pulled back to initial 6 month resistance zone and has been consolidating for a month.
Now it has closed above all EMA, given a trendline breakout with a volume spike.
Buy above 180.5 (closing basis) for positional targets of 192, 204 and 223.
Learn & Earn,
Dr. Tanya Kumar
Stock is Ready For RunningStock is ready for running.
Good Bounce Possible on this level
Taking support on consolidation Zone.
Greves Cotton (08-01-2022)Greaves cotton stock complete 5 waves in upside and wave A down (a,b,c)
wave b move up (a,b,c)
wave c down 5 lag
5th wave complete 159 near price
Greaves CottonGreaves Cotton, bearish on this trend going down, personally won't trade down but wait for an opportunity to buy at a good price.
SYMMETRIC TRIANGLEIt is a continuation pattern that signals a period of consolidation in a trend followed by a resumption of trend
It is formed by convergence of descending resistance line and ascending support line
Time frame :Works well on hourly charts and above
long if BO seen on weekly chartsalready fibo TGT done (178-213-248.80) , still have momentum to go to 360-472 but will take time....
1ST AND 2ND TARGET ACHIEVED IN GREAVES COTTONWe 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
