jain_geetesh

Crompton Greaves - Good above 340.

Long
NSE:CROMPTON   CROMPTON GREAVES C
Crompton Greaves- Gave a Breakout at 340. Extreme Summer and Real-Estate development are the key triggers for this stock. The stock is above 20/50/200 EMA's on weekly chart.

Volumes for last 4 weeks indicate strong accumulation. One can take position now and incrementally top up on every move.

Fibonacci - retracement applied on chart. Gives indication of perfect timing to enter in this stock

Targets and Stop Loss - plotted on the chart.

Disclaimer : Educational content and not a recommendation. Do your own research !!
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