Cromptongreaves
CROMPTON - DAILY CHARTThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
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Saanjayy K G
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 .
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.
Crompton - Elliott Wave CountCrompton - Elliott Wave Count
Crompton seems to have completed its correction and started a new upward impulse wave with a target of 350. However, if the market drops below 270, this view is invalid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:CROMPTON NSE:CROMPTON1! BSE:CGCL1! BSE:CROMPTON
Crompton and Greaves Elliott Wave Analysis 1WHey Guys !
I could not publish charts during last week and up to today.
Today gone through the chart of Crompton and Greaves and its near its wave (2). The instrument can move from here or from 78.6% level which is around 209-210.
There is less to loose and max to gain.
The chart is higher degree chart and it should be considered for 1 week or 2.
(1) in the higher degree has done (2) is in progress and near the ending.
Please do you own analysis before going for any trade/investment.
Thank you.
CROMPTON : Daily chart : Multiple time frame analysis. Weekly chart posted earlier & its daily.
Flip support become Flip resistance and now coming to near Weekly support.
Lets wit to touch weekly support and wait for positive candle.
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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"
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"
Compton greaves | head and shoulder patternCrompton greaves is making head and shoulders pattern on a weekly time frame.
RSI is also showing weakness along with price testing 200 day SMA in near term. One can keep this stock in the radar for a possible short opportunity if it breaks below the neckline.
CROMPTON GREAVES COTTON looks weak here below 350 levels.CROMPTON GREAVES COTTON looks weak below 350 levels after forming a bearish flag pattern. Got rejected from 377 levels coupes of times which can act as a Resistance going ahead.
DISCLAIMER: The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations
CROMPTON GREAVESHello and welcome to this analysis
Crompton in daily time frame appears to have completed its pullback of a triangle breakout
As long as it does not trade below 383 it could resume its uptrend and complete the triangle breakout target of 445.
Good Risk Reward ratio at the current juncture
Happy Investing
CROMPTON GREAVES - SHARK PATTERNThere is a Shark pattern formation on the weekly chart of Crompton Greaves.
The Stock has been holding the first Prz zone of the pattern for the past many weeks.
There are many ways Shark pattern can be traded, I am sharing the easiest method that I follow mostly
One can Enter a limit order to buy between the 88% and 113% retracement levels. (looks for positive price action for confirmation)
1st Prz : 370-383
2nd Prz : 330-332
Stop loss at the 127% extension of the XC leg.
SL below 310 levels
Type of trade : positional
Disclaimer : Trade at your own risk.
Crompton Greaves - An investment opportunityCrompton Greaves Consumer Electricals Ltd
Sector: Capital Goods - Electrical Equipment
Industry: Electric Equipment
Market Capitalization(Rs. Cr.): 25708.60
52 Week High: 512.8
52 Week Low: 350.35
Stock P/E: 39.19
Sector P/E: 56.57
Debt/Equity: 0.17
Net profit June quarter(Rs. Cr.): 93
Net profit September quarter(Rs. Cr.): 178
Net profit December quarter(Rs. Cr.): 148
Net profit April 2020-March 2021(Rs. Cr.): 605
Net profit April 2021-Till date(Rs. Cr.): 658
Resistance: 434-452-479
Support: 391-378-354
EMA 9 = 394.44
EMA 20 = 401.40
EMA 50 = 416.95
EMA 100 = 429.08
VOL = 8.36M
Read the chart carefully for trading purposes