Havells India - Bulls are still alive.
HAVELLS may let the bulls rule over the bears. HAVELLS has crafted multiple price action patterns like Pole & Flag, Falling Wedge, Pennant. After getting a bullish breakout from falling wedge pattern, it got trapped in the pennant pattern ( T3 & T4 ) and the price is taking support at T3, now it looks like price may move upside once again.One may initiate a long position as per price action.
Like, Follow & Share for new updates.
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.