Supertrend and EMA are giving a sell signal on NSE:HAVELLS on Renko Hourly charts. One can aim for 486 (t1), 470(t2) with a stop loss of 500. Although Renko charts give Buy/sell signal on their own that I will update as soon as I receives on chart.
Flag is created, Crossed the past resistance line. Now, clearly a Bullish trend. A small correction on the bearish side may happen due to RSI overbought. The stock may open gap up on Monday.
Long breakout confirmation or pull back.. details in chart
HAVELLS completed the head & SHoulders and is hovering on the neckline. Awaiting a breakdown to next level or a reversal on account of Results.
Havells Broken ascending triangle and yet to break recent High. Ready for recent High
Havells is moving in a small channel after the good retracement from the leg down. CUrrently on the edge of channel and on the sup/resistance level. awaiting a breakout /reversal
Havells has been moving in a wedge for long, currently on the edge again, awaiting a breakout or reversal
Buy Havells NSE Havells Future Based on coming off Structural Support and upward channel. Im expecting this to hit the TGT2 Placed at 534.75 before the end of this FNO expiry. This is just A STUDY / PERSONAL VIEW of the scrip and do not use this information as trading advice.
Havells has been respecting the neckline for a while. Currently making a cup n handle awaiting the breakout/reversal.
Havells Taking support on trend line. Buy on dip till 483 can reverse and see 512-522-532 soon. Stop Closing Below near 468
HAVELLS stock price has formed a ascending triangle breakout at 520 in weekly chart, ready for target of 610+ by keeping stop loss at 490 just below short term support zone. 1. previously we can see the cup and handle breakout. 2. indicators are positive.
Havells is approaching its lifetime high levels after 4 months. After breaking out of the triangle, its moving straight up to the highs. Definitely facing resistance on those levels.
HAVELLS is moving in a wedge for a couple of months now. Its in the breakdown/reversal zone < i know that phrase is getting old :P >.
AB=CD Pattern Trade Levels: Short below - 495 Target 1 - 487 Target 2 - 480 Stop Loss - 507
We are going to trade within channels in Havells, as you can see the channel offered very good support area, so on bullish reversal expecting Havells to move upside and there is very good risk :reward which is cream on cake for us who are concerned more about the risk, than potential rewards. Happy Trading !
The stock has had a very good rally. Now it is above the previous swing high but below the major swing high ( which the previous high couldn't reach to ) that occurred in October last year which is a major barrier for it to move higher. Watch how it behaves from here and trade accordingly. We need to identify setups before the moves happen.
for educational purpose only - havells having divergence in price and rsi despite rising price. sell below 445 sl 452 tgt 432