Breakout and retest done; time to buy ? | CMP: ₹228.65

Greaves Cotton has confirmed a breakout and successful retest on the monthly charts, signaling a strong bullish setup. Adding to the conviction, renowned investors Dolly Kedia and Porinju Veliyath have recently invested in the stock, reinforcing a positive outlook for the company.

The current decline appears to be mere panic selling with low volumes, presenting a great buying opportunity for long-term investors.

📈 Technical + Fundamental Strength = High Conviction Buy!

🔹 CMP: ₹228.65
🔹 Support Zone: ₹215-220
🔹 Target: ₹270 / ₹300+
🔹 Stop-loss: ₹210 (Strict)

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