Crompton Greaves - BullishAt excellent support area
405-415 Strong Demand Zone
View negates below 400
Expected resistance zone 450/480
Cromptongreaves
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 GREAVESENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
POSITIONAL CALL
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 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 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 .
CROMTON GREAVES Long IdeaCromton Greaves broke out weekly Trendline.
But need to break horizontal resistance
Good trade if planned well
CROMPTON GREAVES BREAKS OUT!!$CROMP up and going with a 5%+ move. A beautiful double bottom breakout for this consumer goods manufacturer.
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 is going with momentum for More upsideCrompton has reversed from Long term Support !!
Stock always corretcs between 35-50% from highs
And give upside of 130-180%
So this time also from the lows that is from 270 levels we can expects stock to perform atleast 130-150%
Right now stock is in momentum and one can wait for correction and accumulate from lows.
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
Crompton Greaves: 73% upmove possible to ATH➡️FII+DII hold 84%
➡️highest ever sales. Profitability may improve with easing of cost pressure
➡️holds 75% stake in Butterfly Gandhimathi
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
Crompton Greves Srock Best stock for investmentHi every one
use your technical power or comment me
this stock best for portfolio stock
Future option mutual fund sip
sabke liye best hai
Crompton Greaves Analysis Stock is trading near to BO zone, slowly slowly volume build up seen, good risk reward trade, follow chart for proper support and resistance levels.
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.
Crompton Greaves Bullish HarmonicsCrompton Greaves Bullish Harmonics ABCD Pattern Found
PRZ - 228/239
SL - 219 ( Weekly Closing Basis )
Target - 320/328
Crompton Greaves longtermcrompton greaves chart elliot wave analysis
this stock weekly chart complete flat correction
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
Crompton Greaves: Last Line of defenceIf the shares of Crompton Greaves break the levels of 260 decisively on weekly basis then expect levels of 200 for this share in the coming weeks. However, this level is a good support and if held, this level could also act as a zone for reversal in the future. Act only once the stock has given a decisive breakdown (for shorters).
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!!!
