CGPower Daily ChsrtCGPower looks good at 380 with stop loss of 360 for the target of 400 & 420 & 440
CGPOWER trade ideas
Buy CG Power & Industrial SolutionsBuy CG Power & Industrial Solutions (NSE:CGPOWER)
Buy Range- 311 - 318
Target- 338 - 342
StopLoss- below 295
Potential Return- 8-9%
Approx trade duration 10 - 12 days
CG Power -Bearish View CG Power and Industries - Longer term View - Bearish view
Bearish View - Longer Term View
Sell @ 290
Stoploss @ 307
Target @ 213
R:R @4:15
CG POWER NEAR BREAKOUT NSE:CGPOWER
CG POWER NEAR BREAKOUT IN 1 HR TIMEFRAME..... BUY ON CMP WITH 305 STOP LOSS
Daily Ema trend Daily Ema 20 > ema 50 and ema 50 > 200 and lowest close of 30 days is less than ema 50
understand technichal so easy to understand that stock hit his 52 week high .......every retailer is bullish on cg power
but on short term timeframe it is showing bearishness
Cgpower longterm postionalCGPOWER formed Flag pattern for second time. Broken flag , Possible upmove
CGPOWER consolidating near 52W highThis stock is in uptrend but thing to lookout here is it is also forming a rising wedge structure. But also attempting to break al time high. Need a definitive closing above the horizontal boundary. Seems bit of a risk due to rising wedge structure but I am hoping that pattern will fail and we can see new all time high here.
CG PowerCG Power & Industrial Solutions Ltd. engages in the design and manufacture of power conversion equipment products. It operates through the Power Systems and Industrial Systems segments. The Power Systems segment includes transformer, switchgear, and turnkey projects. The Industrial Systems segment offers electric motors, alternators, drives, and traction electronics. The company was founded on April 28, 1937 and is headquartered in Mumbai, India.
CG Power and industrial solutions LtdCG Power and industrial solutions Ltd
Good for swing trade
support at 44 movingaverage and support zone
resistance breakout and price came in support zone
buy price 232.50
sp 208
1st target 241
2nd target 253
CG POWERBuy @ 205.60
Qty 10
Stoploss 202.05
Closed trade at EOD because daily candle close weak and near to stoploss
CG POWER Flag PatternFlag pattern is identified in CG Power. It means after 3 months the stock will break the 210. Comment your opinions.
This is based on my study only. This not a Stock recommendation.
CG POWER BREAKOUT AND RET3ST IMPORTANT Uptrend Breakout pending volume important retest also
Educational purpose only my
CG POWER AND INDUSTRIAL SOLOUTION (EDUCATIONAL PURPOSE ONLY)There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
CG POWER AND INDUSTRIAL SOLOUTION LIMITED with target of RS 208 CMP IS RS 199.35
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 195
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
CGPOWER the stock has successfully cross the break out zone of 47-49, on weakly chart RSI has taken support on 60 levels. moreover the is poised to reach the levels od 66 and 89-90 zone.
Reverse Head & Shoulders on NSE:CGPOWER DailyThere is a reverse head and shoulders pattern forming for NSE: CGPOWER currently making a low of right shoulder. This would be confirmed when the right shoulder reverses at the neck line.
CGPOWER - Long Position OpportunityBullish Divergence in Weekly Time Frame. There is an opportunity to take Long Position in Daily Time Frame for Swing Trading.
CGPowerDown is the word. Price below 200 DMA, Death Cross etc. Latest development is noteworthy: MCA (Ministry of Company Affairs) has initiated an enquiry into several companies which were deserted by their auditors. There can be serious issues in certain cases. Somebody inside this company knew this and sold heavily and made money.
