🚀 Greaves Cotton: Gearing Up for Upside Momentum! 🚀
📉 CMP: ₹207.61
🔒 Stop Loss: ₹179
🎯 Targets: ₹253 | ₹290
Why It Looks Promising?
✅ Gap-Up Start: Week began with a gap-up and the stock is holding gains—sign of strength.
✅ 21 EMA Crossover: Today's move above the 21 EMA suggests bullish momentum building.
✅ Key Level Breach: ₹210 was the high on result day—sustaining above it confirms buyer interest and potential breakout.
💡 Strategy:
📈 Staggered entry can help manage risk in current volatility.
🔒 Keep SL at ₹179 to safeguard capital.
📍 Outlook: With signs of accumulation and breakout attempts, Greaves Cotton could see continued upside in the coming sessions.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#GreavesCotton #TechnicalBreakout #MomentumStock #SwingTrading #StockMarket
📉 CMP: ₹207.61
🔒 Stop Loss: ₹179
🎯 Targets: ₹253 | ₹290
Why It Looks Promising?
✅ Gap-Up Start: Week began with a gap-up and the stock is holding gains—sign of strength.
✅ 21 EMA Crossover: Today's move above the 21 EMA suggests bullish momentum building.
✅ Key Level Breach: ₹210 was the high on result day—sustaining above it confirms buyer interest and potential breakout.
💡 Strategy:
📈 Staggered entry can help manage risk in current volatility.
🔒 Keep SL at ₹179 to safeguard capital.
📍 Outlook: With signs of accumulation and breakout attempts, Greaves Cotton could see continued upside in the coming sessions.
📉 Disclaimer: Not SEBI-registered. Please do your own research or consult a financial advisor before investing.
#GreavesCotton #TechnicalBreakout #MomentumStock #SwingTrading #StockMarket
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.