Crompton Greaves Falling?Technical (upgrade)
Crompton Greaves Consumer Electricals has been sliding inside a falling wedge, but price is trying to base around ₹248-252 (teal support on your chart). A daily close above ~₹260–262 (wedge top/near-term trendline) would confirm a breakout and set up a move toward ₹275 first and ₹300 next If price fails and closes back below ₹248, treat it as a false start and expect the downtrend to resume keep risk tight in that zone.
Fundamentals (quick, clean)
Latest print showed mixed trends—Q2 FY26 consolidated revenue ~₹1,915.6 cr, PAT ~₹75.4 cr, with margin pressure; the quarter also carried an exceptional ₹20.36 cr charge for the Vadodara plant restructuring. Butterfly (kitchen appliances) grew double‑digits YoY and lighting rose ~3% YoY, partly offsetting weakness in electric consumer durables. The company fully repaid its ₹300 cr NCDs in Jul‑2025 and said it is net‑cash/zero‑debt, which is a positive for flexibility. Valuation and efficiency are mid‑pack for consumer durables (P/E ~34–35; P/B ~4.3–4.9; ROE ~13–15%; ROCE ~15–19%). Net‑net: fundamentals are stable but margins need rebuilding—if your chart gets the ₹260–₹262 breakout, technicals can align with a gradual recovery story.
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Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
Cromptonanalysis
Technical Insights: CROMPTONCurrent Price Action
Crompton Greaves (CROMPTC) is trading at ₹393.55, experiencing a slight correction of -2.72% for the day. The stock has been oscillating within well-defined trendlines, showcasing pivotal support and resistance levels.
Key Technical Levels
Resistance Zones:
₹440.35: A significant resistance level from recent highs.
₹479.15: A long-term resistance that aligns with historical peaks.
Support Zones:
₹384.25: Immediate support, currently being tested.
₹362.35 & ₹348.80: Critical levels to watch if the stock breaks below the ascending trendline.
Trendlines:
Long-Term Support: The yellow upward-sloping trendline has held since early 2023, reflecting steady bullish accumulation.
Descending Resistance: The downward sloping line from 2021 highs signifies major resistance. The stock's ability to break and sustain above this line will confirm a trend reversal.
Market Structure
The broader structure indicates that the stock is at a decisive juncture:
Bullish View: Sustained price action above ₹400 could lead to a breakout rally toward ₹440 and higher.
Bearish View: A breakdown below ₹384 could accelerate the fall to ₹362 or ₹348 levels.
Trading Outlook
Buyers: Look for a breakout above ₹400 with strong volume as confirmation of bullish momentum.
Sellers: Consider short opportunities if the price slips below ₹384 with significant volume.
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 GREAVES - Enter on a pullback!Price Analysis & Observation:
1. HH-HL formation started, now I will wait for a higher low formation to enter.
2. Volume support is strong.
3. Trend is confirmed. It's clear BUY ON DIPS!!
4. Buying strength is good.
5. Expecting it come down for some retracement.
Trade Plan:
1. Need to wait patiently for the formation I want to enter on a dip.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
🚀 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.
Enter on price crossing up.NSE:CROMPTON is at the key levels; and the crossover if happens will give a good upside:
Key Levels:
Entry Price: ₹301.70
Target Price: ₹311.95
Stop Loss: ₹291.30
Detailed Technical Analysis:
1️⃣ We are observing a resistance at around ₹300.17. If the stock breaks this level, we can expect it to rise towards the target level of ₹311.95.
2️⃣ The Parabolic SAR issued a 'Buy' signal on 4th August 2023, indicating a potential bullish scenario.
3️⃣ Our analysis predicts a bullish crossover on the stock's RSI (Relative Strength Index) in the near future. This reinforces the 'Buy' signal.
4️⃣ We also observe a positive crossover in the Fisher Transform, suggesting an upcoming positive price movement.
We recommend implementing the key levels (entry price, target price, stop loss) into your trading strategy.
Best Regards.
#PhenogenSolutions #StockAnalysis #CromptonGreaves #TechnicalAnalysis #TradingStrategies
Disclaimer & Disclosures:
This analysis is based on publicly available data and is intended for informational purposes only. It should not be considered as investment advice.
Finogent Solutions LLP is not responsible for any losses incurred based on the information provided.
Investors should conduct their own research and consult with a financial advisor before making any investment decisions.














