Havells: *Weekly* chart indicative of positive RSI divergence, and historically, the stock has bounced back when its RSI touches ~35 levels...the RSI ranges between 35-75 levels on the *weekly charts* In the weekly view, the EMA's have started acting as a resistance and the current stock price is below the Long abv 635 (cash)
Continue with position with respect to my last post on Havells. #short and follow stop loss. Like | Share | Comment | norecommendation
Havells 630 good resistance keep in watchlist . twitter -@TheSachinJain telegram - @tradingbud
Havells Entry 624 Stop-loss - 610 Target 765 Risk-Reward 1: 8.7 Risk 2.24% - Reward 22% Havells trading at 624, took support around 622-630 zone multiple times in the last 6 months. The primary trend is very strong, so utilizing this dip to get in the trend.
Is havells making AB=CD on hourly charts? Time will tell but if it do the stock can move above 700 levels very quickly.
Breakout -> looks good for long @140twt
IT IS RESPECTING WEDGE PATTERN AND AS WE CAN SEE TAKEN SUPPORT MANY TIMES ON LOWER LINE IF IT BREAKS LOWER LINE ON CLOSING BASIS IN 15 MINUTE CANDLE TARGET FOR SHORT GIVEN BUT IT SHOULD TAKE SUPPORT AND GO UP TO CONTINUE ITS CURRENT WEDGE PATTERN LONG TARGET IS ALSO GIVEN GOOD LUCK NOTE: TRADE AT YOUR OWN RISK
BEARISH DIVERGENCE IS SEEN WITH STOCHASTIC ONCE HORIZONTAL LINE IS BROKEN ON CLOSING BASIS IN 15 MINUTE CANDLE TARGET IS GIVEN WITH BLUE ARROW (664) :) STOPLOSS WILL BE SLIGHTLY ABOVE UPPER TRENDLINE 710 GOOD LUCK NOTE: FOR EDUCATION ONLY YOUR COMMENTS AND SUGGESTIONS ARE MORE THAN WELCOME FEEL FREE TO POST COMMENTS THANKS
Given bullish breakout in Bollinger Bands. Upside expected. SL Hourly Closing below 684.20 Target Expected 710 Cmp 691
TREND ANALYSIS Trade Setup Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. R:R is 4-8 times
Havells (weekly) view: good as far as Havells stock holds 620 + level. Staying below 620 - level, weak.