Crompton Greaves Consumer ChartThis stock is looking bullish from CMP. Observe this chart for only educational purposes
CROMPTON trade ideas
Crompton Greaves: 73% upmove possible to ATH➡️FII+DII hold 84%
➡️highest ever sales. Profitability may improve with easing of cost pressure
➡️holds 75% stake in Butterfly Gandhimathi
#CROMPTON Support & Resistance / 28 Feb 2024Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss.
The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide whether to buy or sell at or near the line based on six simple indicators + order book confirmations. If no trade is taken, the chart becomes invalid.
I won't go into details about indicators because they are to be interpreted and change depending on the market. For example, an RSI of 40 means different things in a bull, bear, or choppy market. It's all about looking at things relatively; and each trader has their own setup, rules and approach to risk management.
Check back after the market closes to see how things went. Sometimes, the price might not touch those lines for a day or more. You have to remain patient.
Disclaimer: Trading and investing carry risks, and you should consult with a qualified financial professional before making any investment decisions. Any charts or patterns mentioned are for educational purposes only and do not guarantee future results. Past performance is not indicative of future performance. Always conduct your own research and consider your risk tolerance before engaging in any trading activities.
Potential Long: Crompton Greaves
Formed a base and attempting to break the important resistance by forming a W pattern.
Additionally attempting to break the down trendline.
A candle close above 323 should be initiation point for a long trade.
RSI rising above 60.
Note: This is just for analysis purpose, please do your own research before punching any orders.
🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Crompton Greaves Long trade NSE:CROMPTON Reason to go long :
1. Breaking out with volume .
2. Hovering near 23 % fib level .
3. Sideways for a year now , about to give break
Entry :307 -315
Sl and Tgt given on chart .
CROMPTON about to break out after longtimeStock took reversal after touching the support line. Wait for the results and take your decision. Not a recommendation.
CROMPTON H&S PATTERNCROMPTON looks like a H&S break out its not in a clear uptrend so we may try this with a strict stoploss.
CG Weekly chart - long idea CG weekly chart..cmp 325.20 it has given a breakout of the falling channel pattern...medium term can show a move towards 415 and long term towards 500.....just an observation not a trading recommendation
Crompton 3 Months + 8 DayCrompton 3 Months + 8 Day
1) HSH formation detected
2) Inclined HSH
3) Nice COnsolidation
4) Lets See
CROMPTONShowing nice price action on Weekly and daily chart
Price gave a nice retracement from 61.8%
Going out of weekly zone and weekly resistance
daily price already above Key Moving averages - Weekly also trying to beat Moving averages.
Keep weekly Stop loss as per your risk management rules.
Happy Trading !!!
Fresh BreakoutFalling Channel Pattern
Morning Star Candlestick On Support
Pervious Resistance Ab SUPPORT Bangaya Hai
NSE:CROMPTON
CROMPTONCROMPTON Form good rounding bottom structure & giving a proper Breakout Candle.
We can see a good rally in coming days. Good for swing & Long Term Investment
CROMPTON BREAKOUT ON WEEKLY CHART- Stock create falling trend line
- Look like flag pattern
- Stock currently at strong resistance area
- Sma follow perfectly on daily chart
Ready to rocketThe Stock has been following a Steady and disciplined trend line zone on all its time zones.
Red - Monthly
Orange - Weekly
Yellow - Daily.
Also Did Formed and today broke out of a successfully formed Rising Triangle.
Suggesting to pick it up after Red trendline Breakout on daily TF.
Crompton Greaves Break put above 320Crompton Greaves Break put above 320, will be breaking out of a long time channel
Getting ready for a bull run?The stock is testing it's strong support/resistance zone.
This is the same point where 200 ema and 2.5 year old trendline is placed.
On weekly chart stock has made a higher swing low as well.
Once it breaks and sustains all these levels a bull run can follow.
This is not a BUY/SELL recommendation.
This idea is for educational purpose only.
Learn & Earn,
Dr. Tanya Kumar
CROMPTON 15% upside possible in 3 months.CROMPTON 15% upside possible in 3 months.
Daily CUP pattern breakout.
Happy Investing
CROMPTON C&H FOR THE TARGET OF 337i am not SEBI registered this is for educational purpose Only ,
Prior taking trade Pl consider your risk and reward
CROMPTON WeeklyMade 'W' Pattern in the weekly time frame, looks bullish if breaks w pattern
also, there is trendline, if both breaks go for long.
CROMPTON - Weekly AnalysisIn the Weekly Chart of CROMPTON,
we can see that, it is ready for upward momentum.
Also, it is leading towards Cup & Handle breakout.
Expected momentum is shown in chart.
CROMPTONCromptom going to start small rally to reach 330. Retest, close and sustain above 300 level. This will be a good support for this movement.
