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CG POWER AND IND SOL LTDCG POWER AND IND SOL LTDCG POWER AND IND SOL LTD

CG POWER AND IND SOL LTD

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CGPOWER trade ideas

CG Power and Industrial Solution - Breakout Setup, Move is ON...#CGPOWER trading above Resistance of 783 Next Resistance is at 1014 Support is at 647 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CGPOWERLong
by MandeepSinghKohli
Oh Beauty! Can CG Power Unlock the Secrets of 3 White Soldiers?1.Ends up a 3 month long consolidation with a decent breakout 2.Upward candles gained momentum 3.Tweezer Bottom Formation before trend reversal 4.Excellent bounce from 0.6 Fib + EMA 50 Confluence 5.Outperforming Sector & Broader market 6. Gained Momentum, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages 7.Volume Gain 8. Catalyst:Acquiring Renesas Electronics Corporation’s radio frequency (RF) components business for $36 million, marking its entry into semiconductor design.
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NSE:CGPOWERLong
by donjacob81
7
CGPOWER -Cup and Handle -Breakout - DailyThe chart for CG Power and Industrial Solutions Ltd. shows a clear Cup and Handle pattern, which is a bullish continuation pattern. This is confirmed by both price action and volume. Below is a breakdown of the technical and fundamental aspects of the stock. Technical Analysis: Cup and Handle Pattern: The chart clearly depicts a Cup shape, where the stock gradually moved lower and then formed a rounded bottom. The Handle follows a smaller, tighter consolidation just before a breakout. A breakout from the handle suggests a potential continuation of the previous uptrend, which has already been confirmed by a move above 814.40 INR. Volume: There is an evident volume spike during the breakout from the handle, indicating strong buying pressure, which is a key confirmation for this bullish pattern. This increasing volume during the breakout is essential to validate the move upward, and it suggests a likely continuation of the rally. Price Targets: The measured move from the bottom of the cup to the resistance (around 136.25 INR) is projected upwards from the breakout point. The first target is set around 919.25 INR, which is approximately 17.42% above the current breakout level. An extended target can be projected beyond this, but the 919.25 INR level acts as the immediate resistance. Support Levels: 782.45 INR is the key support level, acting as the breakout point of the handle. 643.15 INR is a more extended support level based on historical price action. If the stock retraces, this level might be tested. Trend: The overall trend is bullish, supported by the stock’s higher highs and higher lows. The recent consolidation was necessary for the continuation of the uptrend. Risk Management: A stop-loss can be placed below 782.45 INR or 643.15 INR, depending on risk tolerance. Fundamental Analysis: Company Overview: CG Power and Industrial Solutions Ltd. is involved in manufacturing electrical equipment and industrial solutions, which includes transformers, switchgears, and motors. With increasing investments in infrastructure and industrial sectors, the company stands to benefit from both domestic and international growth. Financial Health: The company has seen improved financial performance in recent quarters, with growing revenues and improved margins due to operational efficiencies. Key financial metrics like Return on Equity (RoE) and Net Profit Margin have improved, signaling strong financial health. Sector Outlook: The power and industrial solutions sector is expected to witness strong demand, driven by investments in infrastructure and renewable energy. Government policies encouraging industrial expansion and power grid modernization further support a bullish outlook for companies like CG Power. Recent Developments: Recent earnings reports have indicated significant improvements, and management’s forward guidance has been positive, hinting at sustained growth in the upcoming quarters. Conclusion: Technical Outlook: The Cup and Handle pattern suggests a potential rally towards 919.25 INR, with strong buying interest indicated by volume spikes. Fundamental Outlook: The company's fundamentals are sound, with increasing revenues, improved profit margins, and a favorable industry outlook. The stock has a bullish setup both technically and fundamentally, making it attractive for medium to long-term investors. However, appropriate risk management is essential, especially around key support levels.
NSE:CGPOWERLong
by VCharts_TA
CGPOWER BREAKOUTTrendline has already broken. Now the stock is ready to break ATH Disclaimer The ideas and views shared here are for educational and informational purposes only and should not be considered financial advice. Trading and investing in financial markets involve significant risk, and past performance does not guarantee future results. Please do your own research (DYOR) and consult with a certified financial advisor before making any trading or investment decisions. I will not be liable for any financial losses or gains resulting from following these ideas. Trade carefully and at your own risk.
NSE:CGPOWERLong
by aashiqotp.as
1
CGPOWER - 4 Months Consolidation BreakoutCG Power & Industrial Solutions Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Consolidation since (November, 2023). Now It has given a Consolidation breakout & Closed above it's (November, 2023) High with good bullish momentum candle & with good volume in Weekly Time Frame. 3) The stock may find It's next resistance around the (price 620) in short term. 5) Recommendation - Since the market is quite weak Consider Buying it with tight Stop Loss.
NSE:CGPOWERLong
by SHRIHARII
CG Power and Industrial Solution - Breakout Setup, Move is ON...#CGPOWER trading above Resistance of 527 Next Resistance is at 647 Support is at 417 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:CGPOWERLong
by MandeepSinghKohli
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in CGPOWER BUY TODAY SELL TOMORROW for 5%
NSE:CGPOWER
by Kapil-Mittal
3
Bullish Continuation Diamond PatternNSE:CGPOWER - Continuation Diamond Pattern (Bullish) Following a period of consolidation, the price has surged upwards, indicating a potential continuation of the previous upward trend. The sequence typically initiates within a downtrend, where prices form higher highs and lower lows in a broadening pattern. Subsequently, as highs reach their peak and lows begin to ascend, the trading range gradually contracts. Upon the breakout beyond the boundary lines of this diamond-shaped pattern, it signals the revival of the prior uptrend. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:CGPOWER
by hardeepssethi
CG POwer - LongCG POwer - Long Price levels Buy & accumulate zone: 412 - 447 Target 1: 479 Target 2: 502.95 Major Support: 389.7 **Disclaimer: I am NOT a SEBI registered consultant/Advisor (and NOT any country-authorized board registered consultant/Advisor). It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advice or any recommendations on stock/Forex/Coin buying or selling. Please do your research and consult with your financial advisor before taking any action. I am not responsible for any of your actions on buying, selling, or holding the above-mentioned stock or/and index or/and Forex or/and coins.
NSE:CGPOWERLong
by pmosesoliver
CG Power: Range breakout on back of expected good QTR NumbersNSE:CGPOWER - Technical Analysis Update 🚀📊 Current Price: ₹479.65 (as of Jan 5, 2024, 12:08 PM) Key Indicators: Opening Price: Above critical level of ₹469.75, indicating a positive trend 🟢 Moving Averages: Recent bullish crossover in EMA and MA MACD: Anticipated crossover in next 1-2 days; Current MACD at 6.85, Signal at 7.82 Stochastic RSI: Recovery from oversold, K at 61.25, D at 33.09 %R: -31.76, still below upper band Fisher Transform: Positive crossover at 0.08 (Fisher), -0.37 (Trigger) Market Outlook: Positive momentum observed, with a break in the short-term price range. Bullish signals from moving average and MACD crossovers. Trading Targets: First Target: ₹488.50 🎯 Second Target: ₹503.55 🎯 Caution: STOP LOSS: exit around ₹461.55 - ₹461.80 (0.382 Fibonacci level). Monitor closely for sustaining the upside movement. ⛔ Conclusion: CG Power shows strong potential for growth, with key indicators pointing towards a bullish trend. Ideal for investors looking at short to mid-term gains. Stay vigilant and trade smartly! 🌟⚡ Disclaimer: Informational Purpose: This analysis is for informational purposes and does not constitute financial advice. No Guarantee: The accuracy or completeness of the information is not guaranteed. Investment Risks: Stock market investments are subject to market risks, including the loss of principal. Independent Research: Investors should conduct their own research and consult a financial advisor before making investment decisions. No Responsibility: The author is not liable for any losses or damages arising from the use of this analysis. Regulatory Compliance: This analysis is not a guarantee against regulatory risks. Hashtags: #CGPower #StockMarketIndia #TechnicalAnalysis#InvestingTips #NSEIndia #TradingView #StocksToWatch #MarketInsights #Finance #TradingSignals #WealthManagement #InvestmentStrategy #BullishTrends #FinancialPlanning
NSE:CGPOWERLong
by finogent
2