Crompton : Long term Value PickAs per the chart Crompton after a good rally and without crossing previous highs has come to its value area. one can pick here keeping SL below the swing. targets are mentioned above.
Chart for learning purpose Only.
Crompton
CROMPTON Daily timeframe analysis for long
NSE:CROMPTON taking bounce back from its 50% golden retrace zone.
Can add more till 380 with SL 360.
Major Targets Highlighted in Blue lines, sub targets in grey lines.
Buy above 320 TGT 430/650/900 sl below 220The stock is looking to come out of the consolidation after a long time with the volume at breakout point as well as support levels. EMA and other indicators are also indicating the same
My view on Crompton CROMPTON
Giving double TOP breakdown
Looking tgt 265-262-260++
in very short term
Keeping on radar Crompton 280 PE
Amazing Reward against the Risk for Crompton Greaves
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 achieves 161.80% of Wave 1.
After reacting to the 6 Months Demand in the left side Price has closed above the EMA confirming Buying Pressure and we also have a Demand formed in Monthly which is our Trade Demand for the Target of Rs. 878.45 that's a Reward of 21.44 against the Risk of Rs. 26.80.
This is the Buy Trade with defined Risk .
CROMPTON ready for UPSWING#CROMPTON is hovering at important level and is at accumulation stage. Getting ready for the up move.
Crompton greaves Ready for big runFor 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
CROMPTON Non stop Zoooom !!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 !!
My view on Crompton 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
Crompton Greave Up Coming LevelsAs 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 reward idea.
Note: This is my personal analysis, only to study stock market behavior. Thanks.
CROMPTON ZOOOOOOOOM !!NSE:CROMPTON Shared in perfect timing and zoomed with 3%
Almost 9k/Lot bagged to all our friends.
Happy LEarning !!
CROMPTON Resistance BO !!NSE:CROMPTON consolidation below the major resistance and BO..
High chances to BO and sustaining above the level may show good upside movement.
Trade_setup-One month range in CromptonThe stock is a good contender for a short term trade because it appears to be setting itself for breaking out of a month's range.
A simple yet effective setup. A entry is made when the stock closes above the range's upper boundary with good volumes.
It is to be noted that the stock also has given a successful wedge breakout on Nov.16.
Note*- Please do your own analysis/research for any stock in which you wish to trade.
Crompton - Elliott Wave CountCrompton - Elliott Wave Count
Crompton seems to have completed its correction and started a new upward impulse wave with a target of 350. However, if the market drops below 270, this view is invalid.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:CROMPTON NSE:CROMPTON1! BSE:CGCL1! BSE:CROMPTON
#RML cmp 721 BUY Recommendation by Rachit SethiaRML CMP 721
TGT 922
SL 656
TIMEFRAME <6M
RR > 3
Return >27%
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
#SYMPHONY #BAJAJELEC #CROMPTON #PGEL #WHIRLPOOL #IFBIND #NIFTY50#SYMPHONY
NSE:SYMPHONY
CMP: 929.20
TP: 1090 // 1175
SL: 868
TF: <6m
RR > ~2.6 times
Return > ~17%
SYMPHONY
BAJAJELEC BUTTERFLY CGPOWER CROMPTON PGEL WHIRLPOOL IFBIND STOVEKRAFT TTKPRESTIGE
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
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.
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 : 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"
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 #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
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%
