Worth entering Crompton, target Rs 199-200: Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "Crompton Greaves is more a trading play. We are looking at targets of about Rs 199-200 to come in on the stock and looking at a stop loss of Rs 183. The stock has been consolidating in last five or six days and we are going to breakout of a short-term range which should give us those targets. With Rs 183 being a clear stop loss, I think it is a trade worth getting into."At 11:29 hrs Crompton Greaves was quoting at Rs 187.05, down Rs 1.80, or 0.95 percent. It has touched an intraday high of Rs 191.80 and an intraday low of Rs 186.75.