Performed very well on our level.
Target one- Achieved (Gap up)
Target two- Achieved (normally)
waiting for target three then nifty can go in a profit booking zone for the upcoming week then again it will run like a bull for Diwali.
Havells chart is providing lots of hint. Its suggesting an imminent correction looming over Havells. Also this stock is major beneficiary of Diwali Consumer Durable Sale rush. Just waiting for ZETA SCANNER to provide sell signal and buy pputs and hold till the next buy signal comes or else it swells in good profit.
Voltas being the primary beneficiary of Diwali Consume Durables Rush has grown with big green candles. So chart suggests the growth leg is complete now. Just waiting for Sell Signal by Zeta Scanner and lets not miss this opportunity to buy Puts... :)
L&T Shares Fundamental Analysis
The company’s shares have 52 weeks high of INR 1607 and have a market capitalisation of INR 1.09 trillion which makes it a Large-Cap company.
The company has a history of over 80 years of engineering excellence and operates in 9 business verticals. L&T Group comprises of 93+ subsidiaries, 8+ associates, 34+...
On this auspicious and sparkling festival of lights, may the glow of a lamp illuminate your life and brings you joy, Prosperity and happiness. Happy Diwali!
The lamp shape resembles cup pattern, and what does that mean? You can check my previous idea for that. Link below.
As TF is weekly, trade duration will be 3 months to 15 months.
In simple words :
Buy around 28~31
With SL on weekly closing basis at 25.30
With targets of 38+ and 67+
Other triggers and observations on chart.