lalitmiral5812

Crompton Looking for a channel Breakout

Long
lalitmiral5812 Updated   
NSE:CROMPTON   CROMPTON GREAVES C
Crompton looking good for a channel breakout, weekly chart looks good. One can wait for closing above the channel with 360 as SL and target of 420, 440, 450 +++

Some fundamental points:
Good results posted by company.
Promoter pledge decreased to 47.25 % from 65.59 % last year, although still very high.


Disclaimer: Please trade on your own discretion, this is personal view and no recommendation.
Trade active:
Started moving as expected, close to Target 1
Trade active:
Target 2 of 440 hit
Trade active:
Target 3 done and dusted and still moving like a charm.
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