YR 2022 Idea #160: Long on CGPOWER This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
CGPOWER
YR 2022 Idea #137: Long on CGPOWERThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
CGPOWER - Ichimoku Bullish Breakout Stock Name - CG Power and Industrial Solutions Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP
and more bullishness AFTER it cross the 224.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
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CG Power (Cup and Handle Breakout) CG Power... Cup and Handle Breakup... Time to Buy this stock if RSI Above 60 for closing basis...
Disclaimer - This is only for information and education purpose. This is purely for education and case study purpose.
Please consult your advisor before investing. Personal opinion only for education purpose.
Crompton Greaves Power - CMP 183CG Power and Industrial Solutions Limited, previously known as Crompton Greaves Limited, is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution. It is based in Mumbai and a part of the Murugappa Group.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalCG Power - Crompton Greaves Consumer Electricals Limited
Good stock from low of Rs5 to 180 in 2years
Still potential in this Stock to perform well
Buy at CMP for positional view of 200/240/290 levels
Very Short term 200 targets and 240 to 290 for 1-3years time
Keep SL of 140 levels
Company is expected to give good quarter also.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
CG Power Heading back towards SupportCG Power has had a good run lately and from the levels of 70 made a high of 210. However post that the stock has seen profit booking happening and is at a critical juncture. If the stock breaks 165 level it would find its first support near 143 and post that it has a support at 125 . It is also important to note that if the price breaks the trending resistance level marked with blue line the stock would aim again to touch its 210 level .
Beautiful move on CG POWERI had recommended this chart for investors.
Low cost stock and has shown higher highs, higher lows. Good up trend in the stock. Enter now for investors.
If you get time, also open the weekly chart of this stock - beautifully depicts an uptrend.
For reference, also look at the related idea that i had posted. NSE:CGPOWER