CROMPTON trade ideas
CROMPTON70% reduction in volatility than 22nd dec. Breakout above 360 can give good upmove. Stop loss can be kept at 338
DAILY SWING CALL // Wednesday 2nd December 2020 / CROMPTONDAILY SWING CALL // Wednesday 2nd of December 2020 / NSE:CROMPTON
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 321.25
TARGET: 370+ (15%)
STOP LOSS: 289 (10 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
FOR STANDARD NOTES / DISC: Please refer my earlier posts on Tradingview.com
Crompton Greaves 1D chartPlease enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
Breakout from the long term rangeI would buy this if it closed above 305 today EOD (Friday's weekly closing)
Crompton Greaves Bearish BiasAdhering the Channel
Can be Short at 285 levels or at Current levels
Stop Loss 291
Target 265 levels
Crompton Greaves -Can it give a breakout with Volumes Tomorrow??Details mentioned in Chart
Disclaimer - Please do your own analysis before initiating the trade
Triangle Breakout!!TRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
BD line will act as resistance line.
AC line will act as support line.
when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.
CROMPTON GREAVES CONSUMERThis stock is positive on Daily, Monthly, Weekly chart, and aslo show a bullishness, if they cross the line and settle above the line, then will take a new position in this stock...
medium term target 280-290..and third 300. minimum....This stock as a investment purpose is very good return stock in future.
( BUY ON DIPS)..
CROMPTON GREAVES CONSUMER This stock is positive on Daily, Monthly, Weekly chart, and aslo show a bullishness, if they cross the line and settle above the line, then will take a new position in this stock...
medium term target 280-290..and third 300. minimum....This stock as a investment purpose is very good return stock in future.
( BUY ON DIPS)..
