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tanya151181

Multiple bullish signs in Greaves cotton

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GREAVES COTTON LTD (NSE:GREAVESCOT)  
tanya151181  
NSE:GREAVESCOT   GREAVES COTTON LTD
Chart Patterns
33
7
chartpattern
The 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
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