"पंखे, पंप, लाइटिंग — हर प्रोडक्ट में लीडर! Crompton — भरोसे का नाम!"

Technical Analysis of Crompton Greaves

Crompton's pivot point stands at ₹289.6, which serves as a central reference for market sentiment. Immediate resistance is at ₹293.5, followed by medium-term resistance at ₹296.8 and a strong breakout level at ₹300.7. Support levels are at ₹286.3 for rebound zone, ₹282.4 for strong support, and ₹279.1 as the major downside floor. The 200-day EMA is at ₹231.40, which provides long-term bullish support. The 50-day EMA is approximately at ₹280–285, offering bullish support in the short term. Technical indicators show mixed signals. RSI is between 28.58 and 50.34, indicating oversold to neutral conditions. STOCHRSI is at 0.34 to 2.58, which is extremely oversold. Williams %R is between -94.04 and -100, also indicating oversold conditions. MACD is at +47.30 on the daily timeframe, which is bullish. CCI is at -260.20, indicating oversold conditions. ADX is at 25.46, showing moderate trend strength. Bull/Bear Power is at +27.91, which is bullish. TradingView rates the stock as "Sell Today" for short-term weakness, but gives a "Buy" rating for the 1-week timeframe and a "Strong Buy" rating for the 1-month timeframe. News Events and Their Impact The Q4 FY26 results on 13 May 2026 will be a positive event. If revenue and PAT beat expectations, the stock could rally 5–8%. The Q4 FY26 conference call on the same date will provide detailed guidance. Strong guidance will create long-term bullish sentiment. Summer demand spike during May 2026 is positive, as heatwaves increase fans and appliances sell-through. Solar subsidy expansion is an ongoing positive, driving solar pumps demand higher. Unseasonal weather in Q1 FY26 was negative, causing demand to decline as cooling products sales were affected. Competitor price cuts from Havells and Bajaj Electricals pose negative pressure on margins.