CROMPTON trade ideas
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.
my view on cromptonCROMPTON
forming inverse HEAD & SHOULDER pattern
looking tgt 300-302-305++ in very short trerm
keeping on radar Crompton 295 CE (hero/zero)
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 - Weekly AnalysisIn the Weekly Chart of CROMPTON,
we can see that, it has formed a Bullish pattern and has shown an up move.
let it retest properly for next week, and then we can enter with a Target and SL.
trendline how trend works along with trendline
thw example of crompton greaves is a good way to understand
CROMPTON Buy for intraday tradingCROMPTON Buy for intraday trading if stock breaks the given resistance level...........
CROMPTON Buy for intraday tradingCROMPTON Buy for intraday trading if stock break the given resistence level 348.50 Break then we will buying........
#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- HEAD AND SHOULDER TOPAfter breakdown form the pattern took support on Key MA, now again its broke down below the pattern.
As its still above Key MAs, we will wait for any shorting opportunity.
Also there is a trendline support as marked.
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 - Demand Emerged near 330 (jul'22)This was after a 40% drop from 500 to 300
Plan ahead =>
could consider to Buy above 430
and/ or Rejections near 330
PB 9x
PE 39x
DE 0.5x
ROCE 23%
DivYld 0.6%
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 !
cromptonCrompton broke above triangle pattern on smaller time frame with decent volumes & sustaining above it.
Could be bought with mentioned stoploss & targets/intraday
CROMPTON GREAVES - BOUCING OFF SUPPORTThe stock has been holding 387-393 levels for the past many weeks.
In yesterday's session it bounced off nicely from the support zone, and it looks like it is heading towards 447-450 levels in the coming trading sessions.
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
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 Charts AnalysisScript: Crompton Greaves Consumer Electricals Ltd.
Sector :- Capital Goods - Electrical Equipment
Industry :-Electrical Equipment
Crompton Greaves | Swing trade | chaiwithanoopInverted head and shoulder formed.
wait for today closing and go for swing 1:2 Trade
