Description
⋅ Havells trading in range of 344 to 330
if it breaks 348 (now resistance) then may move UP to 362 which is 0.382 % of Fib Retrace to 460
above 360 it may test 380 which is 505 retracement
SL = 329 (if it breaks the trend line)
Trade closed: stop reached
⋅ near to SL so tomorrow will be an interesting day to track
Trade active
⋅ Havells back to its range, have strong support zone @ 420
Trade active
⋅ Havells broken the resistance and now should move upward to 362
Resistance becomes major support now i.e. TSL = 348 to 345
Trade active
⋅ took support at 346.75 so trade with levels and strict SL
Trade closed: target reached
⋅ nicely moving up in the range and reached 0.382 levels
now lets see if it reaches 380