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Piyush-Gupta
May 24, 2020 3:04 PM

HAVELLS, Fibonacci retracement complete. On verge of breakdown Short

HAVELLS INDIANSE

Description

HAVELLS did 61% retracement of its fall and took resistance at exactly 38.2%. Now it is coming to same low levels from where retracement started.
HAVELLS can be good candidate for short below 455 on Tuesday.

If market turns out weak on Tuesday then it will one of the high probable trade.

Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
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Comments
vsnair
please help on price action trading process
thanks
directsanjay
Good one
balmech
Thank you very much for the sharing...Learning how to use fibonacci now...
Piyush-Gupta
@balmech, fibo is most powerful tool for price action trader
prabhusantha
If market is bullish on Tuesday, Expecting breakout later this week or earlier next week
jkreddy
You make it very easy and simple. Thank you for the detailed explanation and analysis
samarcal123
nice analysis
Piyush-Gupta
@samarcal123, thanks
sanket161296
very good.....how to learn....?
Piyush-Gupta
@sanketbansod18, check my profile status
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