soorej1996

Bullish on greavescotton

Long
NSE:GREAVESCOT   GREAVES COTTON LTD
Seems like it's taking a bounce from the dynamic support zone.. previously it respected the support line 3 times...and the rsi seems to be rising too...in Heiken ashi...it clearly shows a buy signal...and the stock is approaching to all time high...so there is a chance there might be a breakout to the upward direction breaking the dynamic resistance...even within the resistance region 9+% can be booked... So it seems like a good buy right now...
It's not a stock recommendation...kindly do your own analysis

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