Crompton Greaves can test Rs 195-200: Thukral

Crompton Greaves can test Rs 195-200, says Hemant Thukral, Head, Derivatives Research, SBI Capital Securities.

Thukral told CNBC-TV18, "In Crompton Greaves, I think yesterday was the first signals where we could clearly see some short covering happening, though unwinding is only 2% and let us not forget the open interest addition is more than 1 crore shares, that is around 200% that has been added up. But I think now if Crompton doesn