HAVELLS C&H BREAKOUTHAVELLS breaking C&H pattern
huge volume
trading above all key ema
educatinal idea
HAVELLS
Breakout soon in Havells.As we can see from the chart havells india looks promising in weekly timeframe. It has been consolidating within a demand and supply zone for the past 28 months, forming a rectangle channel pattern.
Today, it has reached the resistance level with a good amount of trading volume. This increases the likelihood of a breakout. However, there are a few things to consider before investing. We should wait for the price to break out with even stronger trading volume and stay above the 1400 level before entering a trade.
To manage our risk, we can aim for a 10% gain in the trade while setting a 10% stop loss. Why bigger stop loss?, because stocks might show 'fake-out' and falls back at first go and again give breakout. By doing that we can remain in this trade.
Note- You can use your strategy and then dive into the trade, that is the only thing that can make you profitable. Do not seek any tips and trade calls from others. It was all for educational purpose.
beautiful chart HAVELLS is now eyeing a breakout
its near all time high
strong base formation on downside
healthy consolidation
Havells India Weekly Bear CandleHavells India seen weekly netagive candle under formation today on week closing day. Volume is also good on this weekly candle
EXCITING BULLISH PATTERN📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Wedge
📌 Symbol/Asset: HAVELLS
🔍 Description:
Moment Stock with hourly Support.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
HAVELLS NEAR ATH BREAKOUT Havells weekly chart looks like breaking out from descending triangle at ATH.
Enter with your setup in lower time frames.
STOP LOSS @ 1245
FIBONACCI TARGETS : 1630, 1800, 2050, 2280 OR TRAIL USING 20/50EMA.
HAVELLS 1H TF LONGGave a decent breakout and consolidating in a triangle pattern. Can take LONG position once the trendline is broken by a strong 30 mins candle and also let it close. For shorting opportunities you should scalp as the trend is bullish . And also let the market cool down or let it establish a trend and take trades accordingly.
Also, checkout my NIFTY50 Technical Analysis which I will be attaching to this idea , if you like my analysis please do follow me for more such trades and support.
HAVELLS✅ Price recently break 1256-1273 Resistance zone that tested multiple time.
✅ But on Weekly time frame there is a strong trendline coming that also test 2 time in row.
✅ But you can look for short on 1334-1352, But you can look Long on 1256-1273 level when price break weekly trendline and on retest with strong reversal on 1256-1273 area you can go long.
long for this expirylooking for a nice upside for this expiry
target till 1255-65
stop as per comfort
breakout based trade using indicators RSI, fibo, trend line to enter the trade
disclaimer - trade @ own risk
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
intraday / RSI Divergencersi is dropping but the price of stock wasn't droping
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intradaybearish RSI Divergence
Both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
HAVELLSHAVELLS:- Ascending triangle pattern has been formed, the stock has given a breakout, but waiting for retesting. If you are planning something, keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HAVELLS INDIA idea for intradayIntraday Trade
if HAVELLS INDIA breaks 1244 or closes 5 min candle then buy T1-1255/1260
If breaks below 1229 then sell for T1-1220/1210
HavellsHavells is forming inverse head and shoulder pattern after the fall. This may be good oppurtunity for near term upside move
After 1429 , if it is a good break out , It will reach....After 1429 , if it is a good break out , It will reach first target 1478
Reason to choose the company
Debt is low .
Mutual funds are increasing their holding .
May be in a month , the break out may happen.
[Positional] HAVELLS Double Bottom BreakoutHavells has formed a nice double bottom.Today it has come out of Double bottom pattern also it has broken the resistance zone- so higher levels are expected going forward.
The length of bottom is quite high - and it exceeds the ATH of HAVELLS if projected upwards - so our R:R will be low in this case.
Entry - 1348-1350
Target - 1486
SL - 1200
Though R:R is very low - Probability of profit is high.
IS HAVELLS HEADING TOWARDS 1630?Havells has given a breakout of double bottom pattern and we expect to see 1600 - 1630 levels in coming months.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
havells long term viewHavells for long-term positional view. already done flag breakout as well trendy stock
HAVELLSHavells has given a falling channel breakout and retest has also completed, it has also formed an inverted H&S pattern and neck line break and retest has also happened ....
