GREAVES COTTON entered into a rectangular consolidation in November 2014 after stupendous rally, then entered into a consolidation mode for 2.5 years. The breakout has happened with large volumes, followed by retracement and upward move again. Put a Stop Loss at 143 and go long for a target of 210
Waterbase has been consolidating in a symmetrical triangle and is on the verge of breakout on its Weekly Chart. RSI has already given a breakout and taking support from the downtrend line. Looks interesting.