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

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.