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...
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 is hovering at important level and is at accumulation stage. Getting ready for the up move.
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
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...
The 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
Crompton - 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! ...
Hey 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...
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...
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...
how trend works along with trendline thw example of crompton greaves is a good way to understand
CROMPTON Buy for intraday trading if stock break the given resistence level 348.50 Break then we will buying........
Crompton 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 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
The 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.
Hello 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
NSE:CROMPTON CG - Short correction upcoming. NSE:CROMPTON1!
Script: Crompton Greaves Consumer Electricals Ltd. Sector :- Capital Goods - Electrical Equipment Industry :-Electrical Equipment