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CG Power share price slumps 7% as Q3 numbers miss the Street estimates; should you buy or sell?
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₹434.85 apiece on BSE and touched an intraday low of ₹415.10 and a high of ₹436.55.According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, CG Power and Industrial Solutions Ltd share prices witnessed a gap down opening. Also Read: RailTel share price jumps ahead of Q3 results today.
Buy, hold, or sell? However, there was no follow-up selling, and prices have gradually recovered from lower levels trading at days high. However, prices are still down 3%, and traders need to wait for the volatility to settle.
Overall, the trend remains negative for the counter, with 450 as resistance and 400 as support. "Exciting news! Mint is now on WhatsApp Channels
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