NeeteshJain
Long

Crompton Greaves - Making Higher Highs (Reaching to Gap Zone)

BSE:CROMPGREAV   None
1042 views
21
1042 4
It is been observed on the hourly chart that the price action making a higher highs and higher lows, indicating further up move ahead. It is also observed that the price action may reach out to the gap zone to fill up the Gap.

Target 1: 61

Target 2: 63

Stoploss: 58
Dec 30
Trade active
Jan 01
Trade active
Jan 02
Trade active: Reaching to Target 1
Jan 02
Trade closed: target reached
Jan 04
Comment: It went up to touch 62 levels today, close to our Target 2. Regards
Jan 04
Trade active
Jan 04
Trade active
Jan 12
Trade closed: target reached: Target 2 reached successfully. Regards
Excellent Chart Neetesh!
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Can i hold it for some more time or sell with current price level Crompton Greaves..??
+1 Reply
NeeteshJain MadhuKallepu
@MadhuKallepu, I would suggest you to wait until the price action breaks and closes above 66 levels, once it breaks that level then it shall confirm the further move up. Now, it may correct a bit from current levels and shall reach to 63 levels. Regards
Reply
MadhuKallepu NeeteshJain
@NeeteshJain, Thanks for reply...
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