CROMPTONCROMPTON:- Cup and handle pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Crompton
Crompton 1 Hour Time Frame TrendlyneCrompton Stock moves within the perfect channel if breakout in upwards and retest than go for a long trade or if breakout downwards and retest then go for short trade but having a strong support from 316 to 319. Short trade should be taken after breakout of 316 level.
Thanks
Just for educational purpose and paper trading.
YR 2022 Idea #120: Long on CROMPTON 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.
DOUBLE TOP STOP OR GOCrompton is looking very much puzzled on daily charts nothing is working in it and no indicators are working too although stock recovered almost 30% from 52 week lows and discounted 22% from 52 week highs, so we have to wait for next move in it will go for high conviction trade in it in any of direction when it breaks any of trendline till then waiting and adding in watchlist..
Breakdown in Crompton Greaves Consumer Electricls...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Good Buy For Long TermThis is weekly chart of Crompton here we can see its taking a regular support from a trendline from March 2020.
It has broken out of demand zone and again retesting it with confluence.
We can enter somewhere around the area of confluence with Stop Loss somewhere below Demand Zone.
Crompton pre-market intraday analysis and setup🎇Hello Traders👋
Today i have made a post on CROMPTON 15M
I hope you find this post helpful and informative👍
The targets and stoploss would be given in the charts or they would be according to pivot points
Thank You
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I am not a SEBI registered financial advisor
Please consider your consultant's advise a must , all the setups posted here will be considered as informative and helpful post
I shall not be responsible for your profits and losses