CROMPTON GREAVES
Crompton has closed above its previous top hence gave a bullish breakout signal, further bulls action can be seen as long as stock holds above its previous top.
Upper side stock will find strong trend line resistance around 201.50 as shown in above image, further price rise can be seen once it closes and holds above 201.50.
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Intraday Crompton looks good if it holds above 201.50.
Will find resistance around 204,206.
S.L - 199.50.
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