praveen.bhatiya

Crompton Greaves Long

Long
NSE:CROMPGREAV   None
I would go long the stock because
a. it made a bullish Doji Star 2 days ago at significant 50% retracement level.
b. Primary trend of small swings being supported by the trendline.
c. Last Bar is giving opportunity to enter at cheaper price so Stop Loss is affordable.

One can go long providing suitable Stop Loss and expecting the target double the risk provided.
Trade closed: target reached: Closed on Target Price !