Voltas, Crompton falling from channel top

Sell Voltas SL 158.
Sell Crompton SL 162. Target 8-10 on downside.

Crompton

Crompton 3(ii) looks complete. Buy for the larger upmove now.

Crompton update

Crompton is up 5% today morning.
Tata steel SL hit.

MCX is holding the 458 low of Jan20, even in this downturn. If the lows are hold it will show upsides soon.

Crompton seems to have completed its correction

Prices have almost reached  C = A X 2.618.  If it does not break 80 region, can show an upmove towards 150-70 range. Short term it can move another 2-5 points down.