CGPOWER trade ideas
CGPOWER one of the strong up trending stock ready to move again!## Trade Details
- Name of The Stock: CG Power & Industrial Solutions Ltd
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 402.00
- Stop Loss: Initial 365.00 (Trail accordingly)
- Target: above 500.00
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## Chart Details
- Strong Uptrend
- Trading on Support Zone
- Favorable Risk to Reward Ratio
- Good Q1 results declared
- Relative Strength (RS) positive
- RSI is also showing strength
- Good time to take position
Breakout in CG Power and Industrial Solutions Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Cg powerEntry-375
Sl-350
TGT-410
*Entry Tips*
*Aggressive traders can consider buying above the high of the breakout candle.
*Safe traders wait for a retest of the breakout level and then enter a buy position.
*Aggressive traders will have big Stop-loss with small Target.
*Safe traders will have Small Stop-loss with Big Target.
*Don’t Rush to enter the Trade.
*Disclaimer*
This analysis is for educational purposes only, and I am not a SEBI registered analyst. Please conduct your own research and consult with a certified financial professional before making any investment decisions.
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Trend Analysis, Chart Patterns,Candlestick Analysis,Price Action,
Technical Indicators,Support and Resistance, Supply and Demand,Trendline,200EMA,Swing Trade,Positional Trade,
CGPOWERCGPOWER:- If it sustains after giving a breakout, then a good movement to the upside can be seen, 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.
CG Power & Industries–Bullish BreakoutKey Points:
- Bullish Breakout
- Resistance level broken after a Curve Chart pattern
- RSI > 70 & above average
- 50,100,200 EMA crossed and good potential of up-move
- Longer time up move trend
- Possibility of forming New ATH - Keep in folio for longer term
In Gujarati “ Bhav is Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
CGPOWER - Ichimoku Bullish Breakout Stock Name - CG Power and Industrial Solutions Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 355
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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CGPOWERCGPOWER:- Stock has formed rounding bottom pattern, wait for breakout
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.
CGPOWERCG POWER:- monthly trend breakout. keep on radar
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.