Buy Crompton Greaves in Rs 173-175 range, says Arunesh Madan, Founder and Director of Augment Investment.
Madan told CNBC-TV18, "We will look to buy Crompton Greaves today in the range of Rs 173-175. The reason for buying this stock is that the stock has taken a very strong support in the range of Rs 171.5-173. The stock should be bought for a potential target of Rs 185-190 as I expect a very strong counter trend rally, the stop loss should be placed below Rs 170 levels."
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