Sukhani's view on Crompton Greaves

Sudarshan Sukhani of s2analytics.com shares his view on Crompton Greaves.

Sukhani told CNBC-TV18, "RCF has a fairly good chart. What RCF is doing as Chambal is doing, as most of the fertilizer stocks are doing, they are now pushing against their significant resistance levels. For RCF that resistance came across yesterday at Rs 72. It closed at Rs 72, so any further move is a breakout of a fairly intermediate nature.That may come today, that may come tomorrow or may not come, but traders should be positioned to take advantage of a breakout because that tells us that much more upside is coming and this is something that