Craftsman Automation stock outlook is bullish with strong support at ₹7,000-6,750, potential rise to ₹7,800-7,850. Trading recommendations included.
Stock to buy today: Craftsman Automation (₹7,197.50) - BUY
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The short-term outlook is bullish for Craftsman Automation. The stock had surged over 5 per cent on Tuesday when the broader markets were beaten down badly. This rise has happened after forming a strong base between ₹7,000 and ₹6,750. This ₹7,000-6,750 will act as a strong support zone and limit the downside.
The 21-Day Moving Average is also present just below this support zone. Craftsman Automation share price can rise to ₹7,800-7,850 in the coming weeks. Traders can buy Craftsman Automation shares now at ₹7,197. Accumulate on dips at ₹6,940. Keep the stop-loss at ₹6,660. Trail the stop-loss up to ₹7,240 as soon as the stock goes up to ₹7,320. Move the stop-loss further up to ₹7,360 and ₹7,580 when the price touches ₹7,440 and ₹7,680 respectively. Exit the long positions at ₹7,820.
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
Published on August 28, 2025
