Crompton Greaves idea Closing / Opening above 322 will be trigger for 401
Good consolidation between 250 - 320 Can be added on breakout of 320 or retest of 320 level Any market correction then the stock can be added at 250 Target levels 425 and 520 Disclaimer : It's not a buy/sell recommendation. Posts/views are only for educational purpose.
The 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...
CROMPTON Giving double TOP breakdown Looking tgt 265-262-260++ in very short term Keeping on radar Crompton 280 PE
CROMPTON GREAVES: Nice Cup and Handle in Weekly Time Frame 30 W SMA is rising. Do Not Buy at Break Out . (Financial Year Close Nearing) Entry should be on Retest . If it Misses, its a Miss.
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...
Crompton Greaves might give an update move for INTRADAY or for SWING trade with a small STOPLOSS Entry - 305 or after sustaining above 305 STOPLOSS - 299 Targets - 312 - 315, 320, 325++ Note: if any trade or value has gone from the place we decided to enter then thats not our trade wait for it to come back or let it go I am not sebi registered this is my...
Rationale 1) Formed a base with a Higher Low, W reversal pattern 2) Trendline break needed to support upmove.
This chart is based on fib, trendline and web. Fib and trend line have breaked but price below trend line. When price will go above trend line than define stoploss of web 2 points. You can book your profit on each level or wait for long run.
#CROMPTON is hovering at important level and is at accumulation stage. Getting ready for the up move.
The stock is recovering a big down move. Making Higher Highs and Higher Lows. Also moving above the moving averages. Relative strength and Money Flow turning positive. The stock making higher high and higher low in the weekly as well. Breaking past the previous rejection zone as well. Could move to 400 plus levels.
For Crompton greaves we have prepared following setup CROMPTON GREAVES ENTRY AROUND 304 TO 315 TARGET 320, 327, 335, 343, 350 + ULTIMATE TARGET 400+ SL 296 AND 274 TIMEFRAME 6 MONTH WILL UPDATE STUDY AFTER 350
NSE:CROMPTON shared @ resistance BO and got good support and zoooooom. Now trading @ Key Breakout level and successful BO sustainability will give good upside move. wish enjoyed 18k/Lot profits !!
CROMPTON giving Cup and Handle breakout on If sustain above 319.65 Looking tgt 323-325-330++ Very short term Keeping on radar Crompton 325 CE
Looks like W pattern is under formation, and can soon break the neckline. Above average volume in last 2 weeks on weekly timeframe. Crossed trendline and resistance, closed above 50 EMA.
Resistance 325.... Less risky... Sl 280. ALWAYS TRY TO BUY BOTTOM OUT STOCKS...
As 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...