TradingView
bullmanacademy
Mar 4, 2024 12:48 AM

HAVELLS- Medium Term Investment pick Long

HAVELLS INDIANSE

Description

Nifty 500 stock - HAVELLS

1. Trendline Resistance BO with strong master bullish candle
2. Volume spike (almost nearby all time high volume)
3. Clean multiple touches on the Trendline Resistance
4. Looking good with Weekly time frame chart
5. Waiting period : Minimum 3-6 months
6. Best buying zone : 1510-1490
7. Target1 : 1990-2010
8. SL : Below 1300 on weekly closing basis

Note: This is not a buying recommendation but tried to explain the chart through price action for better learning and understanding.
Comments
sunilkumarmeel
hudco ka kiya Kare 205 se buy h average kaha kere ps
bullmanacademy
@sunilkumarmeel, 135-140 could be the best price to add some more Qty. But please make sure that your fund allocation per stock should not be more than 5-7%. If it had already exceeded, better hold patiently.
sunilkumarmeel
ok
More