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...
Cromton Grews look like go downside because Head & shoulder pattern breakdown on Weekly Timeframe! target 183 & 138 as per chart & Price action
BUY - CROMPTON GREAVES C CMP - Rs. 293 Target - 1: Rs. 373 Target - 2: Rs. 462 . . Technical - 1) Bullish Harmonic Pattern - Cypher 2) Targets set using Fibonacci Retracements . . Comment - Target - 2 will be achieved in the long term. . . Follow me for more!
Crompton 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.
The stock is testing a Support continuously. Either Bounce back or Breakout can be expected. Levels are mentioned in the chart.
VCP breakout on 25th August, pullback & retested the upward trendline on 5th septem & today boucing back. Consumption stocks are doing well & next 3 months are festive/shopping season.
CMP: 410 - Breakout with volume - It's a good close in spite of the market's straight fall in the second half.
Crompton has resisted thrice from 400-405 levels. It has formed a triple top pattern. i am expecting the pattern to get completed at 369 below which can see a nice fall in this counter. Keep tracking
Hello !! Welcome to the quick update of Crompton Greaves. It has shown potential rally from the last two days and has broken the long term down trend upwards. A good rally may be imminent here if one consider this stock to add to his/her portfolio as this stock has very good fundamentals. The possible entry points should be in the range of Rs 325 to Rs 337 with...
Crompton Greaves short term Bearish trend accumulate 290 -310 If it breaks the downtrend then it will move up... Educational purpose
CG 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.
CG 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. ---- Note: Above levels are...
1. Price formed rounding bottom pattern and brokeout. 2. Retested the breakout during the market correction period. 3. Took the support at EMA 50. Entry : 440 Target : 500 SL : 408 (Weekly closing basis)
crompton reversing from its support line 200ema in daily time frame go for long for short term
CROMPTON is looking for a great buying opportunity for the move to the upside & expecting TG to reach at 650.
This 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 1. rising wedge pattern price movement 2. last flug plus falling wedge breakout and restest done 3. coming week stay bulllish this stock 4. cooming soon my prediction target
Rising wedge pattern in Crompton Greaves Consumer Electricals Limited