HAVELLS - AT MAJOR RESISTANCE
Updated
The stock has had a very good rally.
Now it is above the previous swing high but below the major swing high ( which the previous high couldn't reach to ) that occurred in October last year which is a major barrier for it to move higher.
Watch how it behaves from here and trade accordingly.
We need to identify setups before the moves happen.
Now it is above the previous swing high but below the major swing high ( which the previous high couldn't reach to ) that occurred in October last year which is a major barrier for it to move higher.
Watch how it behaves from here and trade accordingly.
We need to identify setups before the moves happen.
Note
23 March : Very close to the action line. Forms a doji.Note
Full down candle today till now . Entering short at 445.
SL - 448
Note
Earlier trade SL of 3 Rs got hit. Now, forming a flag, looks like long.
Note
Long it is. Broke out, 2.33% up.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.