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DEEPAK PAL

24th Dec · SEBI-Registered Analyst

“Crompton – घर का हर Appliance, प्रीमियम Quality का स्टेपल – Crompton 2.0 से नई उड़ान!”

Technical Analysis (Detailed): Stock consolidates above pivot ₹259-260 (R1 ₹262-264) with supports at S1 ₹256/S2 ₹253; RSI 36.57 neutral-oversold, Stochastic 47 neutral, MACD -7.42 shows mild bullish divergence. Trading below all key MAs (50-day ₹310, 200-day ₹336) but above 5/20-day short-term MAs signals intraday strength; ADX 45 confirms trend potential. Recent bounce from ₹248 low + volume pickup supports ₹270-280 targets if breaks ₹264 decisively; breakdown below ₹253 risks ₹240.

CROMPTON
CROMPTON
CROMPTON
CROMPTON
Recent Buying Pressure Reasons: Continuous buying driven by Motilal Oswal 'Buy' initiation (Dec 18, ₹350 TP) citing Crompton 2.0 strategy + 12.4% OI surge reflecting fresh positions. 6% single-day jump to ₹264 + premiumisation focus (170 new products FY25) attracts traders; 71% delivery volume confirms institutional accumulation near lows.
CROMPTON
CROMPTON
CROMPTON
CROMPTON
Upcoming News/Events & Impact: Q3FY26 Results (Nov 6): Expected revenue ₹1,950-2,000 Cr, margins 10-11%; Crompton 2.0 updates critical. Solar EPC Order (Dec 24): ₹46 Cr MSEDCL 2,000 pumps (60-day execution) boosts EPC segment visibility. Patent Grant (Dec 20): Energy-efficient fan/AC tech (20-yr term) supports premiumisation narrative. Impact: Results beat + order wins could trigger ₹280-300 breakout; GST appeals (₹3-6 Cr demands) minimal risk.
CROMPTON
CROMPTON
CROMPTON
CROMPTON
Short/Long Term Position Levels: Short Term (1-4 weeks): Buy dips ₹253-256 (S1-S2), targets ₹270/₹285, SL ₹248 (52-wk low). Long Term (6-12 months): Accumulate ₹240-250 zone, targets ₹320-350 (broker TPs), SL ₹230; hold above 200-WMA ₹336 for bullish confirmation.
CROMPTON
CROMPTON
CROMPTON
CROMPTON

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Daily Chart Analysis of CROMPTON on 241220205.pdf
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