Crompton recovery gains momentum above ₹214 support

Crompton Greaves consumer electricals ltd is trading near ₹218.90 after a strong rebound from the ₹192–₹198 demand zone. Price has moved above the upper moving-average level near ₹214.12 and remains comfortably above the lower average around ₹205.81. This shows that the short-term structure has improved after the extended decline. CROMPTON The MACD is still below the zero line, so the broader momentum has not fully turned positive. However, the MACD line is above the signal line and the green histogram is expanding. This is an early recovery signal, showing that bearish momentum is fading and buyers are gaining control. ₹214 is now the immediate support. Holding above this level can allow the stock to test ₹223–₹225, which is the first resistance zone. A sustained move above ₹225 can open room toward ₹230–₹235, where prior supply is visible. If price falls back below ₹214, ₹206 becomes the next support. A break below ₹206 would weaken the recovery and may bring the ₹198 area back into focus. The chart is improving, but a close above ₹225 would provide stronger confirmation of a trend reversal.