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Cromptonanalysis

Amazing Reward against the Risk for Crompton Greaves Price has completed an Upward 5 Wave Sequence structure (Wave 1) and a 3 Wave downward Correction structure (Wave 2), now we have the Wave 3 coming up which is the Wave to surf!!! We see that Wave 2 has retraced Wave 1 by 61.180% and that is the rule for retracement of Wave 2 as per the Elliott Wave Theory. Wave 3 as per Fibonacci Extension levels achieves 161.80% of Wave 1. After reacting to the 6 Months Demand in the left side Price has closed above the EMA confirming Buying Pressure and we also have a Demand formed in Monthly which is our Trade Demand for the Target of Rs. 878.45 that's a Reward of 21.44 against the Risk of Rs. 26.80. This is the Buy Trade with defined Risk .
NSE:CROMPTONLong
by WavesandZones
Crompton Greave Up Coming LevelsAs per my analysis, NSE:CROMPTON has been taken support on monthly 60% Fibonacci Retracement and not sustained above level of 295 which was daily time frame resistance. As per idea 307 is the best level to take positional buy entry with stop loss of 290 (-17 Points risk). My expected upside target would be 326 (+19) & 348 (+41). This could be low risk and high reward idea. Note: This is my personal analysis, only to study stock market behavior. Thanks.
NSE:CROMPTONLong
by thetradeterminal
CROMPTON : Near weekly support CROMPTON is near weekly support. May be good for swing trading with small support. I will wait next week candle to see prices action & pressure of bulls & Bear. Good to keep eye on it. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal trade. First Learn and then remove "L"
NSE:CROMPTON
by ChartsSpecialist