Is CG Power’s breakout above ₹696 valid for swing trading?

A breakout is considered stronger when price holds above the breakout level on closing basis with healthy volume and the retest is bought. Always use a stop-loss.

What are the short-term targets?

Illustrative levels often tracked are ₹730, ₹760 and ₹800 if momentum sustains. These are not guarantees.

Where can I place a stop-loss?

Traders commonly trail below recent swing low or below the breakout zone. Adjust to your risk profile.

Is this investment advice?

No. Educational content only. Markets are risky; do your own research or consult a SEBI-registered advisor.

Friday, August 29, 2025

BREAKOUT IN CG POWER, SHORT TERM TARGET FOR A UPSIDE OF RS. 100/- (TECH ANALYSIS REPORT)

CG Power Breakout @ ₹696 — Short-Term Target ₹800 | Chart, Levels, FAQ

🚀 Breakout Watch • NSE: CGPOWER

CG Power Breakout @ ₹696 — Short-Term Target Zone up to ₹800

🗓️ Updated: 29 Aug 2025

⌛ Timeframe: Swing / short term

📈 Strategy: Breakout + Retest

View Key Levels Read FAQs

Quick Navigation Summary Key Levels Trading Plan (Educational) Risk Management FAQ

Quick Summary

CG Power (NSE: CGPOWER) has completed a breakout around ₹696. If price sustains above this zone on a closing basis, traders often track upside zones near ₹730 → ₹760 → ₹800.

This post is for education only and is not investment advice. Markets carry risk. Please do your own research or consult a SEBI-registered advisor.

Key Levels (Reference)

Breakout Zone

₹696

Holding above this area keeps momentum constructive.

Target-1

₹730

First resistance; partial profit booking is common.

Target-2

₹760

Watch for momentum continuation or pullbacks.

Target-3

₹800

Round-number zone; expect volatility.

Invalidation / SL idea*

Below recent swing-low / below ₹696

*Educational reference; adjust to your risk.

Educational Trading Plan Template

Wait for close above ₹696 with volume confirmation.
If price retests ₹696–700 and holds, consider entries (educational).
Scale out near ₹730/₹760 and trail for ₹800 if momentum continues.
Risk control: fixed SL below recent swing-low or time-based exit if invalidated.

Zone	Action (educational)	Notes
₹696–700	Retest watch	Need sustain + volume
₹730	Target-1	Consider partial book
₹760	Target-2	Trail SL
₹800	Target-3	Round number; manage greed

Risk & Compliance

This content is educational, not a buy/sell/hold recommendation.
Prices change rapidly; verify live data with your broker/terminal.
Use position sizing (e.g., risk 0.5–1% per idea) and a hard stop-loss.
Consult a SEBI-registered investment advisor for personalized advice.

Disclosure: No compensation from the company mentioned. Opinions are personal and may change without notice.

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FAQ

Is the breakout reliable?

Reliability improves when price closes above the level with volume and dips are bought on retest. No setup is 100%.

What are the targets?

Educational targets: ₹730 → ₹760 → ₹800. Use trailing stops.

Where to place stop-loss?

Common approach: below the recent swing-low or the breakout zone. Choose based on your risk tolerance.

Keep Learning

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