CROMPT GREA CON ELEC LTD
Panjang

Crompton Greaves - Bullish Flag Breakout?

After moving consistently within a Flag formed, the stock looks ready for its next leg up.

However, breakout of the Bullish Flag pattern has been followed by a tentative looking Doji.

Therefore, decision to buy will depend on tomorrow's opening (26.05.2021).

A positive opening looks like an opportunity to buy whereas a negative opening would move the stock back into the watchlist until the next breakout.

Penafian