Sunday, February 5, 2012

Crompton Greaves Trading strategy for December 31, 2009

December 30, 2009 by  
Filed under Analyst's Corner

Crompton Greaves (415) The stock has formed “Bearish Engulf” bearish candlestick pattern on daily chart. Daily RSI and MACDh are showing weakness. Weekly RSI has also given negative crossover in overbought zone. The stock has minor support at 412 level.  Once it breaks then bear will have strong grip. Looking at all the above evidence, [...]

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