Crompton Greaves shows buy-side potential holding above pivot ₹252 with strong support cluster at ₹248-242, ideal for dip buying in consumer electricals resilience. RSI neutral territory and ascending trendline from 2023 lows support rebound towards ₹258-262 resistance despite short-term gap down pressure. Buy near ₹245-248 demand zone on volume pickup, targeting ₹270 breakout with stop-loss below ₹238 for favorable risk-reward. Sector rotation favors defensive consumer plays amid volatility.Warning-
Disclaimer– Registration granted by SEBI, membership of a SEBI recognized supervisory body (BSE) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Disclosure– Investments in securities market are subject to market risks, read all the related documents carefully before investing.