#GRAVITA Stock has broken out of a 217 days resistance with a breakaway gap; made continuous higher lows below resistance before breaking out. In my opinion, if price comes down to ₹1180-₹1100 levels, it could be a good level of interest.
This stock has given good breakout from decending parallel channel with good intensity of volume, also positive divergences in RSI and Macd signaled on daily time frame before breakout. RK's mass psychological Cloud buy activated and RK's buy signal activated, Rsi breakout also making scenario more powerful, adx showing good strength along with positive Dmi,...
Stock is dealing in battery recycling process which will be much needed counter in future now we are expecting price to break ATH level of last 10 years..Do your own research before investing
GRAVITA CMP: 41.05 Target 1: 46 Target 2: 51 Target 3: 55 SL: 38
Gravita is having a double bottom on Monthly charts with a positive divergence on RSI. Risk reward is good for someone with longer term view. One can invest at levels near 24 with sl below 20 and targets easily above 40-80