There is a possibility of breakout in CGPOWER. Please add this stock in your watchlist.
If breakout occurs, the target can ge around 200.
NOTE: I am not SEBI registered. All the ideas provided are for educational purpose only.
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.
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Note:
Above levels are...
CG Power has had a good run lately and from the levels of 70 made a high of 210. However post that the stock has seen profit booking happening and is at a critical juncture. If the stock breaks 165 level it would find its first support near 143 and post that it has a support at 125 . It is also important to note that if the price breaks the trending...
Power sector stock , bolinger band upper width breakout face that’s one registatance level but used to box theory this is a perfect breakout to buying stock ,but risk is very high
CG POWER CMP96.50 . Can buy for target of 99. Range breakout cum Round bottom breakout already done. If cross minor resistance at 99.15, target is 108. Multi Year Round Bottom breakout above 99.5 fo6 targets of 120/140/160.
Multiple Breakouts and bullish. Long above 99.5
This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏🙏🙏
Chart looks gud for short term investment 2-3 month
Buy 70-78
sl of 67
Target -98, 117
FII and promotor have increased their shareholing , if results comes with gud figure , it might jump very soon
No intraday
It's just for education purpose , financial decisions are always personal
