Crompton Greaves Consumer Electricals is showing a short-term correction with the stock trading near its lower Bollinger Band around ₹283-284. The 5 and 20-day moving averages indicate a mild outperform trend despite the recent dip. Momentum indicators like RSI (~36) and MACD remain positive, suggesting underlying strength with possible support near ₹280. Key resistance levels to watch are around ₹285 and ₹288, where a breakout could indicate renewed bullish momentum.
BUY : CROMPTON-EQ( CROMPTON ) [17094]
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