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

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
Trade active
Trade active
Trade active: Reaching to Target 1
Trade closed: target reached
Comment: It went up to touch 62 levels today, close to our Target 2. Regards
Trade active
Trade active
Trade closed: target reached: Target 2 reached successfully. Regards


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
MadhuKallepu NeeteshJain
@NeeteshJain, Thanks for reply...
Excellent Chart Neetesh!
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