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10 Dec 2016 | 6:47 PM
Research Report
Weekly

Equity Research Report: Master Pick-Crompton Greaves Ltd

Crompton Greaves is an engineering conglomerate with a diverse portfolio of products, solutions and services ranging from high-end power and industrial equipments and solutions, to consumer products and home appliances.
03 Jul 2015 | 06:00 PM

Following its past trend, it slipped to 145 level from its previous top due to profit taking and retraced to major support zone of 200 EMA on weekly chart. The current chart formation is pointing towards accumulation and it’s likely to see fresh break in near term. We feel it’s the best time to initiate fresh long positions in the given range of 163-166 with close below stop loss of 156 for the target of 188.

Regenerate OTP
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