CG Power experiencing a weekly consolidation range breakout. Traders monitoring for potential shifts in price dynamics following this breakout.
CG POWER breached its ATH and made fresh ATH today with gud volume bar ranging channel breakout done today can look for swing trade with your prefered RR company has gud fundamentals too.
CG POWER will be a multi bagger this year target 3000 in 2024
cg power a perfect cup and handle formation on weekly chart. perfect consolidation at 52 week high.
Exptd Projectn as per Parallel Line & Qtr Moon analysis
CGPOWER Q2 Result view trading at support zone 364 - 378 Target 394,410,432 15% Upside Potential
CG Powers powerfull correction mode is going to end soon its ready to move upside. so its good time to watch observe mark.
Cg power Buy Cmp@419 add more till 410 Sl- 400 Always respect the trendline target-423/435/445/455
This stock showed a good rally and it is still in continuatiion. +ves : above all vital ema uptrend BO after consolidation Typically a good swing stock must posses more indications to enter.
So it gave breakout, tgt will be 10%. I will buy only if volumes get build. also watch for retest. everything will depend on volume
CGPower looks good at 380 with stop loss of 360 for the target of 400 & 420 & 440
Buy CG Power & Industrial Solutions (NSE:CGPOWER) Buy Range- 311 - 318 Target- 338 - 342 StopLoss- below 295 Potential Return- 8-9% Approx trade duration 10 - 12 days
CG Power and Industries - Longer term View - Bearish view Bearish View - Longer Term View Sell @ 290 Stoploss @ 307 Target @ 213 R:R @4:15
NSE:CGPOWER CG POWER NEAR BREAKOUT IN 1 HR TIMEFRAME..... BUY ON CMP WITH 305 STOP LOSS
Daily Ema 20 > ema 50 and ema 50 > 200 and lowest close of 30 days is less than ema 50
so easy to understand that stock hit his 52 week high .......every retailer is bullish on cg power but on short term timeframe it is showing bearishness
CGPOWER formed Flag pattern for second time. Broken flag , Possible upmove
This stock is in uptrend but thing to lookout here is it is also forming a rising wedge structure. But also attempting to break al time high. Need a definitive closing above the horizontal boundary. Seems bit of a risk due to rising wedge structure but I am hoping that pattern will fail and we can see new all time high here.