Trading_hawk

SIMPLE TRADE SETUP | HAVELLS | 03-08-2021

Long
NSE:HAVELLS   HAVELLS INDIA
NSE:HAVELLS

Today, 02-08-2021, It was trading between our pre-decided levels. And also it took resistance from Trendline-3 and Took Support from Trendline -1.

Chart with levels and Trendline is very easy to understand. Now Target -1 will act as entry point on the buy side and all above levels will act as resistance and target. If it breaks the Trendline-1 then it will be a short trade. But a 15min close below Trendline is needed and also next candle should not be green or if it is green then it should get rejection from Trendline-1 to go for short trade. My personal view is bullish on it.

Comment below your doubts or Suggestion.
Trade closed: target reached: It gave good target today.

Comments

Hope you had good trade today in Havells.
Reply