Sell Crompton Greaves, says Shrikant Chouhan, VP Technical Research of Kotak Securities.
Chouhan told CNBC-TV18, "Crompton Greaves is a sell short. Sell short partly at current levels of Rs 145-146 and balance at Rs 150-151 with a final stop loss at Rs 156 for target of Rs 132 & may be Rs 125 on the lower side. The trend is overall weak & the stock has retraced very less as compared to expectations.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.