Likely to reverse from support if buying momentum appears.

135
CROMPTON The stock has been in a sustained downtrend since peaking near ₹482, and it is now approaching a key long-term support zone around ₹280–290, which coincides with the lower trendline.

Price action shows multiple touchpoints along this ascending support line, suggesting potential demand emergence at current levels. RSI and volume behavior (if aligned) could confirm a reversal attempt from this base.

Any rebound from here may face resistance near the ₹328 (23.6%), ₹357 (38.2%), and ₹381 (50%) Fibonacci levels. A break below ₹280 would invalidate the bullish setup and open the way for deeper downside.

Aviso legal

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