Greaves Cotton - Positional Trade Idea 🚀
📈 Multi-Year Breakout
Greaves Cotton has broken out of a long-term consolidation range on the weekly chart with a surge in volume, indicating strong bullish sentiment.
Entry: ₹260+
Target 1: ₹300
Target 2: ₹340
Stop-loss: ₹230
RSI at 71 reflects bullish momentum; watch for sustained volume to confirm the trend.
#GreavesCotton #BreakoutTrade #PositionalTrade #BSE
📈 Multi-Year Breakout
Greaves Cotton has broken out of a long-term consolidation range on the weekly chart with a surge in volume, indicating strong bullish sentiment.
Entry: ₹260+
Target 1: ₹300
Target 2: ₹340
Stop-loss: ₹230
RSI at 71 reflects bullish momentum; watch for sustained volume to confirm the trend.
#GreavesCotton #BreakoutTrade #PositionalTrade #BSE
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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.