Greaves Cotton: Gearing Up for Upside Momentum!

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🚀 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

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