Hey Folks !
In this Idea I am going to share you all a stock which is now available at a great discount.
Before moving to further discussion let me quickly share the only 3 Buying points which have potential and are a good buying point to accumulate the stock. First is the Current Market Price which is 123 , Second is 113 and the Third is 95.
If the stock goes...
greaves cotton looks good with support tested after testing support at 120 two times.
If markets are bullish can reach first resistance according to triangular pattern.
only investment script not suitable for intraday trading or even MTF holding.
thank you.
Greaves Cot looks like it has completed rounding the bottom and is ready to go upside.
Fundamentals
Greaves Cotton is engaged in the manufacturing of engines, engine applications, and trading of power tillers, spares related to engines, electric vehicles, and infrastructure equipment
The company has reduced debt.
The company is almost debt-free.
Debtor days have...
Gave a trend line breakout on weekly chart with volume started showing up... looking good for long term as per my personal opinion.
Note: Please consult your financial advisor before buying anything.
Greaves Cotton Ltd.CMP 144.45 is an Indian conglomerate engineering company that manufactures Clean-tech Powertrain Solutions for petrol, diesel and CNG engines and heavy equipment. The company has taken strongly into E-Mobility business by launching its own range of Two wheelers.
Negative aspects of the company are high valuations (Negative PE), MFs decreasing...
Forming Triangle pattern in #GREAVESCOT. Either it will break above the trend line or it will break the support and fall. Will see what will happen in future.
NSE:GREAVESCOT The company has started producing many EV for a long time now. There is a double bottom pattern shown on weekly. Price has settle on weekly support. The daily candle has closed with green volume. Can it see more movement possibly after the bear trend changes? Or even in between the bearish trend? What is everyone’s view?
GREAVES COTTON
With a modest SL of 130, looking positive above 136. I believe it has the ability to rise to the nearest high, and it might even take a small quantity to hit the positional targets of 146, 158, and 165.
I Am not a financial advisor nor a SEBI-registered advisor,
Don't take anything personally, and invest before talking to your advisors.
I have plotted chart of Greaves Cotton in monthly time frame. In longer period, we have observed that stock is continuously moving in range of INR 115-150 since Mid of 2014. Only due to covid crash, price went out off from the range. It is showing very long term consolidation.
In long term, company has earned a good reputation in manufacturing EV vehicles and...
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
GREAVESCOT - Could see double Bottom Pattern Formed. Also could see the BO. It is expected to travel towards the target marked as the Market condition also favourable.
Disc- only for Learning Purpose & not trading Recommendation.
1) Current pe is 1053 which is very high for any stock ,
2) Head and shoulders pattern made in long time frame
3) Downtrend clearly showing in chart
4) Rsi strength is weak
next support zone is 67 as several time bounce from that place
my suggestion if holding sale if want to buy then buy at 67 level
