
1.Crompton Greaves Ltd is a 2 rupee face value Heavy Electrical Equipment company.
2.Year high of Crompton Greaves Ltd is 149.80 and Year low 88.35 Stock traded near 92 this ratio is normal.
3.Promoters holding 41.69 % FII holding 17.89% and FII reduce their holding From 19.34% so downtrend is continue and stock may show lower price near 77-78.I not like averaging , instead of averaging there are 2300 stocks in market so choose a new stock for new money.
4.If you familiar with my reverse trading system then you may take a risk sell some quantity at CMP and Buy again near 77.
5.Bulk deals also happen in Crompton Greaves Ltd (Sign of speculations), you just trapped near year high. I wonder people are so exited to buy a stock at year high but ignore a good stock at year low.
6. I have no any stock of Crompton Greaves Ltd.My view is HOLD or REVERSE TRADING.
No comments:
Post a Comment
please remember for preventing spam comments moderation is enable for this blog so your comments will be publish after approval of Mahesh chander kaushik