crompton greaves at support level crompton greaves at support level now , can form double bottom from here with good risk reward
CROMPTON trade ideas
Crompton 1 Hour Time Frame TrendlyneCrompton Stock moves within the perfect channel if breakout in upwards and retest than go for a long trade or if breakout downwards and retest then go for short trade but having a strong support from 316 to 319. Short trade should be taken after breakout of 316 level.
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Just for educational purpose and paper trading.
Crompton near a 6 year trendline. Crompton has been moving in an upward trend since 2017. It has formed an upward trendline which is not yet broken. It went below it during covid low but eventually closed above it. Now again it is near it. Overall many stocks on similar sectors are showing the same patterns.
CROMPTON DIT SHORT TRADE IN 15MIN TIME FRAMEPrice come from daily timeframe supplyzone to daily demand zone .
Intremediate timeframe (75min) trend is down.
take short trade in 15min timeframe have an achievement.
entry-343.90
sl-346.65
target-335.40
Crompton greaves W pattern waiting for breakoutCrompton greaves making 2 of my favourite setup's in weekly TF, W pattern & inside candle consolidation. Weekly RSI & ADX +DI also ready to blast, above 411, 434, 457 can come immediately. Only dampener can be correction in Nifty else every thing looks good here.
Double bottom Pattern breakout in CROMPTON.CROMPTON
Key highlights: 💡⚡
📈 On 2Hr Time Frame Stock Showing Breakout of Double Bottom Pattern.
📈It can give movement up to the Breakout target of above 382+.
📈 Can Go Long in this stock by placing a stop loss below 365-.
📈 Breakout can give risk: reward up to 1:6+.
Crompton Greaves - Reqdy for Breakout or ReversalThis counter is making Head & Shoulder
On the other side its at the strong support
Interesting move in next few days in Cromoton
Bulls ka Pankha Chalega, ya Bears ki hawa
Let's see with BULL MASTER
CROMPTONRSI & Price in same direction . Let continue with it.
Trading in consolidation zone.
Entry:- 384
upside Resistances can become our targets.
Targets :- 389.45 , 394.15 , 398.05 , 407.25.
SL :- 375.45 Support zone .
Crompton - intradayThe stock is testing a Support continuously.
Either Bounce back or Breakout can be expected.
Levels are mentioned in the chart.
CROMPTION BREAKOUT Crompton greaves gives a breakout on falling trendline gives two consecutive months closing on above that trendline also seems created a bottomed out formation on RSI indicator so that we can see that this counter turns bullish from here and could give decent returns from here.
Cause of long-:
1- Falling resistance trendline breakout.
2- RSI indicator breakout.
crompton greavescrompton greaves....
1 - forming cup handle and inverted h&s pattern
2 - rsi momentum 60
3 - good volume
4 - price trading above 100 and 200 ma
buy above day high
CROMPTON- Short Term :Bulls Counter attackCROMPTON- Short Term :Bulls Counter attack , up trend as long as it sustains above 387 on closing basis. Potential targets - 428
Crompton VCP Breakout, retest & continuing the uptrendVCP breakout on 25th August, pullback & retested the upward trendline on 5th septem & today boucing back. Consumption stocks are doing well & next 3 months are festive/shopping season.
Falling channel breakout + head and shoulders breakout retest Falling channel breakout plus head and shoulders breakout retest isse zyada ya confirmation chahie best swing opportunity in my opinion…….
Triple Bottom and Reverse head and shoulderToday Crompton Greaves broke 1 month consolidation range with a Triple Bottom pattern and with a reverse head and shoulder and also resistance. I am expecting a short term profit of 30 points in this trade. I keep my stop loss @ day candle closing below 404.
YR 2022 Idea #120: Long on CROMPTON This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
CROMPTONCMP: 410
- Breakout with volume
- It's a good close in spite of the market's straight fall in the second half.
CROMPTON - Breakout with volumesNSE: CROMPTON is looking to breakout out from the consolidation range.
Today's volumes indicate a huge demand and should move to previous swing highs in the coming days.
The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Pole & Flag BO (Crompton Greaves Co)CROMPTON GREAVES CO.
On Daily Basis Time Frame the Stock has given a Good BO of Downward Channel in the month of July and sustained above same and made a Pole & Flag Pattern and Giving a Good BO today on the Chart
So as per Chart the Stock looks Good for Short to Medium & even for Long Term Position as per the Levels given below:
CMP - 405 or BoD 385
Target 1 - 431
Target 2 - 462
Target 3 - 493 + + + +
SL - 365
Time Frame - Medium to Long Term for final Tgt
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
CROMPTON TRIPLE TOP PATTERNCrompton has resisted thrice from 400-405 levels. It has formed a triple top pattern. i am expecting the pattern to get completed at 369 below which can see a nice fall in this counter. Keep tracking
CROMPTONBuy @ cmp & in dips till 365 | WCBSL 350 | Tgt 429
Sustain above 433 will move up till 446/456
CROMPTON GREAVES : GOOD FOR LONG TERM HOLDING !!Hello !!
Welcome to the quick update of Crompton Greaves. It has shown potential rally from the last two days and has broken the long term down trend upwards.
A good rally may be imminent here if one consider this stock to add to his/her portfolio as this stock has very good fundamentals.
The possible entry points should be in the range of Rs 325 to Rs 337 with a target of Rs 372, 384, 403+
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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