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Crompton Greaves Consumer Electricals Ltd
* CROMPTON opened its session and tested its long-term moving averages, whereas strong bounce was witnessed from the same.
* According to technical indicators, price action suggests oversold zones.
* Short-tem bounce might pull the price, testing its immediate resistance at 100 EMA.
* Traders are recommended to play the momentum and short-term bounce in the mentioned range.
Buy Crompton Greaves Consumer Electricals Ltd CMP 393.4 Range 392-394 SL 383 Target 420
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