Formation of BULLISH FLAG PATTERN🚀🚩Hi guys, CG consumer is forming a flag pattern so your question will so what's the plan..??
->Firstly what we can do is to ride the stock till resistance
-> Secondly we can wait for a proper breakout which is a perfect sign of bullishness
-> Third scenario is we have to ride till resistance then wait for breakout if it happens then it's big profitable situation for us but don't think that because it's stock market don't let the emotion of GREED to takeover your mind. The another think which may happen it will again go down and then it may give breakout. So this are the situation or options which is there and now the SL will below support line which is SL=194-195.
CROMPTON trade ideas
Positional Trade Idea In Crompton #CROMPTON
Positional Trade Idea In Crompton
Buy CROMPTON JUN 285 CE at Last Traded Price
Sell CROMPTON JUN 280 CE at Last traded Price
Entry- Below 273.25 (Preferably with a price action in case of opening above this level only)
Stop Loss- 274.7
Target- 265.9
Validity for order execution- 1 day
*personal opinion, not a trade advice*
#CROMPTON... LOOKING GOOD @15.05,23#CROMPTON... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
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"
#CROMPTON #SYMPHONY #BAJAJELEC #PGEL #WHIRLPOOL #IFBIND #NIFTY50#CROMPTON
NSE:CROMPTON
CMP: 344.45
TP: 385
SL: 330
TF: <6m
RR > 3times
Return > ~12 %
NSE:CROMPTON
SYMPHONY
BAJAJELEC CGPOWER PGEL WHIRLPOOL IFBIND STOVEKRAFT NSE:TTKPRESTIG NSE:BUTTERFLY NSE:SALZERELEC
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
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 LONG (INTRADAY NOV 22)Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
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CROMPTON
Stock has broken higher low on daily and reversed.
In 15 min it has made falling wedge pattern.
Now wait for breakout and we could see upside movement after it retest the breakout level.
Thank You !
CROMPTON AnalysisReasons To Trade: 1.Rising Wedge Pattern
2.MT Outlook: Short Buildup
3.Golden Cross
4.ADX=17(Rising)
Entry on break of the wedge
CMP: 417.15
Upside Target: 450
Downside Target: 340, 315
NOTE: 1.Expecting a strong directional move which can be on both sides
2.Maintain a neutral stance