rtechs

Havells : Breakout Trade

Long
rtechs Updated   
NSE:HAVELLS   HAVELLS INDIA
NSE:HAVELLS looking good risk reward for short term buy side, keep sl below the rectangle , buy only when u get clear breakout signs for a target of 560/570/580++

For cash holder one can add on dips, keeping there stop loss below the red line (which looks exactly the double bottom formation) for short term investment purpose.
Comment: Havells, still making false breakout, once it makes a clearcut breakout we will enter as per our position, till then keep on watchlist.
Comment: keep an eye for breakout now.. for entry..

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.