Greaves cotton ltd has given the short signal for tomorrow .
entry @ 206.65
Tgt @ 203.65
s.l @ 208.15
note - s.l should be changed acc. to the ATR value at 5 min. and target would be 1:2
1. The body of the first candle is RED , continuing the current trend .
2. The second candle is an indecision formation.
3. The third day is the opposite colour of the first day .It shows evidence that the bulls have stepped in . That candle should close atleast halfway up the red candle .