Crompton Greaves longtermcrompton greaves chart elliot wave analysis
this stock weekly chart complete flat correction
0%
0%
0%
0%
0%
About CROMPTON GREAVES CONSUMER ELEC
Sector
Producer Manufacturing
Industry
Industrial Machinery
CEO
Promeet Promode Ghosh
Website
crompton.co.in
Headquarters
Mumbai
Founded
2015
ISIN
INE299U01018
Crompton Greaves Consumer Electricals Ltd. is a holding company, which engages in the manufacture and distribution of consumer electrical products. It operates through the Electrical Consumer Durables and Lighting Products segments. The Electrical Consumer Durables segment offers fans, pumps, and appliances. The Lighting Products segments comprises of luminaires and light sources. The company was founded on February 25, 2015 and is headquartered in Mumbai, India.
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 Bullish HarmonicsCrompton Greaves Bullish Harmonics ABCD Pattern Found
PRZ - 228/239
SL - 219 ( Weekly Closing Basis )
Target - 320/328
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 de
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
Crompton low risk high rewars Crompton is trading at long term support buy at CMP around 258-260
Target - 275/290/310++
SL - 245 closing basis
Crompton Greaves at Weekly Support Area, Eye on BreakoutCrompton Greaves Consumer Electricals Limited is at the weekly support area. 275 is the last chance to get a good bounce.
Sell Cromton - as H&S breakdown on Weekly time frame.. Cromton Grews look like go downside because Head & shoulder pattern breakdown on Weekly Timeframe!
target 183 & 138 as per chart & Price action
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
