Havells Entry 624

Updated
Havells Entry 624
Stop-loss - 610
Target 765

Risk-Reward 1: 8.7
Risk 2.24% - Reward 22%

Havells trading at 624, took support around 622-630 zone multiple times in the last 6 months.
The primary trend is very strong, so utilizing this dip to get in the trend.
Trade active
If you trading set-up doesn't scare you, it will be rarely profitable.

snapshot
Note
snapshot
Note
* Risk Reward is 1:10
Note
Havells Result Gap Down.
snapshot
Note
Stop-loss triggered in the gap down opening. My position is Stuck and open with stop 588.

This happens gap down and gap ups are needed to handle. Stop-loss of 610 was triggered in the gap down. Price was trading at 595 in the opening from yesterday's close of 616.
Trade closed manually
Havells trading at 600. Now exiting the futures position. Initial stop was 610 which was triggered by gap down opening. So now exiting position at 600.

Not playing with Stops.
Chart PatternsDescending TriangleHAVELLShavellsltdTrend AnalysisWave Analysis

Also on:

Related publications

Disclaimer