CROMPTON trade ideas
crompton greaves Crompton Greaves Consumer Electricals Ltd. which is into consumer electrical products like fans, domestic pumps, water heaters and lighting, has announced its foray into the built-in kitchen appliances segment in India. The company's target is to become a key player in the ~2200 Cr. built-in kitchen appliances market in India.
This market is growing at ~10% per annum. While the organized market is made up of 7-8 players, the top 3 have ~45% of the market. Penetration of chimneys and the overall built-in categories is still low at 3-4%, offering ample room for growth.
Crompton Greaves consumer expects ~ Rs300- 400 cr revenue from built in kitchen appliance.
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 IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
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
Crompton Consumer India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Crompton For Swing Trade with time period of 3 to 4 weeksHello there. Here is a technical analysis of Crompton for swing trade. Time period for 3 to 4 weeks.
Note I am not Sebi registered advisor or any expert of stock market. This analysis is for education Purpose only. Please consult with your advisor before investing. Trade at your own skills and Conviction.
CROMPTON GREAVES on Daily FrameI am an Engineer retired. Having 10 years experience in stock market
I am not a SEBI analyst
This is for educational purpose only
Before taking the trade do your own analysis
Classic Cup & Handle formation on daily frame.
with a breakout the neckline.
Buy above 447
Keep stop loss at 413
Target 464/528 Time 1M/4M