Crompton Greaves may test Rs 200, says Chandan Taparia

Chandan Taparia of Anand Rathi Securities told CNBC-TV18, "Crompton Greaves started a positive move after a consolidation of last 11-12 trading sessions. We have seen rising trading and delivery volume which clearly indicates that now fresh longs are accumulating in the counter."He further added, "The stock has potential to move by 4-5 percent on the immediate basis and 10-15 percent on monthly basis. So, overall trend is positive, we are recommending to trade on the counter, keep the stoploss of Rs 174 and trade for the upside immediate target towards Rs 200 kind of levels."