Havells looks good above 1158 can be considered for swing trade with strict stoploss
HAVELLS is very good spot for long entry . We can go long after breaking the trendline and 200ema.
14/03 educational purpose only looks like a bullish cup and handle pattern buy (cmp 1100) support at 1100, SL below 1075 target open
Price zone of 1400 is working as a crucial resistance level which has been difficult to cross from the last 7 weeks. If the resistance of 1400 doesn't break we can expect Havells to test 1300 - 1255 - 1200 levels in upcoming sessions. Setup will be invalidated if price breaks above 1410.
Havells has been consolidating in a triangle pattern and any breakout or breakdown can give good momentum and targets
VCP pattern seen Keep a close watch above 1410 this can blast CBSL 1350 Minimum RR 1:2 Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Havells had a W-pattern break near March 2020 lows. The W and M patterns are very commonly seen on the candlestick charts. W patterns are bullish in character and are generally seen at the bottom of a downtrend, whereas M patterns are bearish and are seen at the top of a rally. The stock made new highs in Nov 2020 followed by strong follow up bullish candles...
Havells preparing for up move ? Stoploss is very tight, small entry or wait for another confirmation candle.
NSE:HAVELLS Observations: 1) On 1day time frame, it just closed at 50DMA. And it is trading above 100DMA. 50DMA is placed at 1359.32 and 100DMA is placed at 1334.07 level. We can say that 1335 level range will work as support. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 17-12-2021 1)...
I hope you can now see how HAVELLS represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
I hope you can now see how Havells represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
Havells has broken out of head and shoulders pattern on a daily time frame chart. Upside targets of 15% possible after the clear breakout from the neckline. Targets and stop are indicated on chart.
Havells can break out above 1408. Watch out for trend line break out.
NSE:HAVELLS #NSE:HAVELLS trading @ the Trend line, high chances to fall if the support broken !!
NSE:HAVELLS Observations: 1) On Daily time frame, It gave breakout of 1360 level and closed above it. But it faces resistance from 50DMA. One positive thing is that it is trading above 21DMA. 50DMA is placed at 1378.06 and 21DMA is palced at 1334.04 Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for...
Prices are on recovery retracement mode for a retest of 1450 level All Levels Mentioned On Chart How to trade the setup? When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict T1 : is Target 1 T2 : is Target 2 When you achieve your first target, book profits of 50% and shift the stops to the cost The term...
Polycab - polycab looking strong to push higher after some correction. One more decisive buying will push prices higher.