Garey_Singh

Greaves Cotton Ltd. - Double Bottom Pattern

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NSE:GREAVESCOT   GREAVES COTTON LTD
Greaves Cotton Ltd.

The stock has formed a double bottom pattern.

Technical indicators are mild bearish.

***TRADINGEDGE TIME-TREND INDICATOR IS BEARISH***
***TE BANDS ARE IN RED ZONE***

If the price closes above 90 level, the next resistance is 112 and then 130 on the hourly chart.

KEEP AN EYE!!
#tradingedge_academy #SMTA_institute

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Garey
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