Crompton Greaves - BullishAt excellent support area
405-415 Strong Demand Zone
View negates below 400
Expected resistance zone 450/480
Crompton
Crompton Soars from Support TrendlineCrompton Greaves has recently surged from a key support trendline, demonstrating strong bullish momentum. This trendline, which has consistently acted as a support in the past, has once again proven to be a reliable level, with the stock taking off sharply after touching it.
Crompton - Bullish biasReaching Strong demand as well as support area
Potential to cross 450 in coming days if sustains 415-410
Weak only below 400 areas
Coming down with No or Low volume
Expecting Strong bullish candle in a day or two
Crompton-A weekly reversal breakout showing bullish future!Crompton stock has been largely underperforming due to poor results.
However, stock is now looking strong technically.
Weekly breakout is done and we can expect targets up and above ATH if broader market supports.
CROMPTON Rocket setupCROMPTON is getting ready, take it as a warning. You will regret it if you miss it. As soon as the volume breakout happens the price of CROMPTON will jump to touch its all time highs.
TARGET - 496
SL - close below 9 ema on daily time from
CMP - 392.45
if you have enough patience you can hold it for even bigger targets. Nobody knows the future , MANAGE YOUR RISK ON MOST PROBABLE OUTCOMES .
Amazing swing trading idea for 21 May Markets I daily make educational content videos for swing / positional trading
CROMTON GREAVES Long IdeaCromton Greaves broke out weekly Trendline.
But need to break horizontal resistance
Good trade if planned well
Crompton Become Rocket🚀Hey Family, there is a one more stock Which is showing a great opportunity.
Key Points:-
* Forming Range Bound Pattern in daily and Week TF.
* From Jan 2023 to May 2024 Moving in 70 points Range.
* It's already break resistance one and trying to breakout second resistance zone.
* If Stock break's second resistance zone then we can see a good move, let's see breakout sustain or not.
* Volume Accumulation (Volume is rising).
What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature. Don't know how we miss this amazing stock and forget to share this with you all family.
Crompton can look for 370-380 above 324Crompton can look for 370-380 above trendline breakout of 324
positional view
dc : only for educational and learning purpose
🚀 CROMPTON’s breakout is turning heads! Will it fly high?CROMPTON has been on the radar of many traders after breaking out of a consolidation phase that lasted approximately 15 months. This breakout was characterized by a strong bullish candle, indicating a significant volume-supported price movement. Here's a simplified analysis of why CROMPTON might just be the stock to watch:
After a prolonged downtrend, CROMPTON entered a phase of consolidation, with a clear resistance level that had been tested and held multiple times.
The recent sessions saw a breakthrough of this resistance with a wide bullish candle, suggesting a robust breakout.
Currently, the price is retracing towards what was resistance, now turned support—a classic example of polarity in action.
Volume Analysis: The retracement is occurring on diminishing volumes, hinting that the selling pressure is weak, and the sellers are possibly less committed.
Demand Zone Dynamics: There's a Rally Base Rally Demand Zone in play, and the price is now within this zone, indicating a strong setup for a potential upward move.
The technical landscape suggests that CROMPTON is setting up for a Breakout Retracement Trade at the Demand Zone.
Trade Strategy:
Set a Stop Loss (SL) just below the Demand Zone to mitigate risk.
The first target for taking profits could be the high of the breakout candle.
To potentially benefit from a rally, consider trailing the SL to protect gains.
Conclusion: The technical indicators for CROMPTON are aligning for what could be an exciting trading opportunity. With the price action and volume analysis pointing towards a bullish continuation.
Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
🌟 Trading is a journey, and every trade is a new chapter in your story. 🌟
Please note that this analysis is for educational purposes only and is not intended as a trading or investment recommendation. I am not a SEBI registered Analyst.
CROMPTON - Ichimoku Breakout📈 Stock Name - Crompton Greaves Consumer Electricals Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 343.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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CROMPTON - Bullish Swing Reversal with VolumesNSE: CROMPTON is closing with a bullish swing reversal candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 10% to 15% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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CROMPTON IN CORRECTIONCROMPTON
in 4th wave in larger Cycle
got rejected from channel top, wait for correction to complete
Up move will start forming 5th wave
it's not a trade advice, trade with due diligence
CROMPTONCROMPTON Form good rounding bottom structure & giving a proper Breakout Candle.
We can see a good rally in coming days. Good for swing & Long Term Investment
Shorting OpportunityCrompton, After a huge rally, in the top it has formed a head and shoulder in daily time frame.
after huge downfall it has retraced a bit and formed bearish flag.... and it may continue to fall upto given levels ....
Make decision wisely...
CROMPTON Is this an opportunity to enter or exit? Crompton is bullish in short term however medium to long term it has high disparity which indicate a retracement on higher timeframe.
CROMPTONcrompton
cmp-295.55
sl-284
tg-301/309/323
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this is only for educational purpose
bullish crompton 1. trendline break
2. bullish reversal
3. targets 310 to 315 levels
4. never forget to have strict sl
CROMPTON 30 mins triangle patternCROMPTON 30 mins is forming a triangle pattern and once it broken it can either reach on the down side to 245 or on the up side to 275
Bears got Upper hand in CROMPTON ??!!!Chart patterns just impressing me with the title stated above.
Reasons :
(with respect to weekly time frame)
1. Crompton is travelling(and respecting) in expanding triangle pattern.
2. Now, there is bearish flag formation and given breakdown with volume (shown in chart).
3. Breakdown candle is a bullish engulfing candle.
4. Purple line(315 level) can be considered for the target.(as it may turn to be a consolidation zone)
5. If purple line too broken (chances are high) , then we can think about the next level target(will update)
6. Safe less risky SL can be Day candle closing above the flag (yellow line).
Let's wait and watch how it moves.
Note - Just Sharing my view....not a tip nor advice!!!
Crompton low risk high rewars Crompton is trading at long term support buy at CMP around 258-260
Target - 275/290/310++
SL - 245 closing basis
Crompton Greaves at Weekly Support Area, Eye on BreakoutCrompton Greaves Consumer Electricals Limited is at the weekly support area. 275 is the last chance to get a good bounce.
