NSE:HAVELLS Observations: 1) On daily time, it is stucked between 50DMA and 100DMA. Good thing is that it took support from 100DMA. On 22 Oct it made doji candle and also gave close above 1280 level which was earlier resistance and breakout level. If it maintain above 1280 level then this level will be now support level and we can see bounce back from this...
Return of goo volumes Currently about to break VCP any break n sustain above 1480 85 levels will take the stock much higher Can start adding positions after break of level Currently R:R not that favorable so will be good to add some more on pull back
HAVELLS is at a crucial resistance level and a breakout with good volume above 1482 can be good ENTRY point for a short term positional trade. SL can be low of the breakout candle once it happens. Targets can be 1550/1600 above
buy above 1584 closing Stoploss 1458 trgt 1514 , 1534 , 1562
Refer the chart Camarilla R4 break out Good volume Channel break happened May go ahead
NSE:HAVELLS Havells at crucial level it can move both the sides (UP/Down), But i feel if it sustain above 1370, we can see trend reversal. Targets 1392-1394, 1400, 1406
Havells bounced back from Weekly TL and Fibo 50% level too. Can be traded intraday or swing tomorrow with SL below the previous swing.
HAVELLS - Swing trade Price took support at CIP line and brokeout of the Resistance trendline. Looks good for upside ;)
there is a possible bearish harmonic pattern but will be confirmed only when closes below yellow line as shown on chart. Also there is a possibility that it is consolidation 1398-1445, one can also long till 1445 and short there for target of 1355 and candle must not close above intersection of falling red line and yellow line shown with yellow circle(stop loss...
Havells broke the pattern fell. It can fall further if it breaks that demand zone. In the daily timeframe it shows a down fall.
Havells has done a round bottom recovery and is consolidating against 1231 level. One of the two things can happen… either the stock will give a break out or may form another small round bottom making it a cup and a holder formation. Two targets of 1400 and 1600 are likely in mid to long term. Stoploss can be 1180
After falling to the level of 1391 in an impulse manner there is a pullback to the level of 1454 in a three waves . The pattern suggest that the stock is forming a zig-zag corrective pattern. One should go short on cmp i.e. 1430-31 with SL of 1455 & look for the tgt of 1365 zone.
Buy @1477, SL-1470, TGT-1490 Sell @1469, SL-1475, TGT-1450
Strong bullish candle on the daily chart, Buy above 1562, SL 1450 Target open
Trendline breakout + Big Volume clusters + To catch up with Havells & Polycab?
Havells stock makes a cup and handle pattern then market upside breakout and 3 days continuous strong bullish momentum so tomorrow I see sharp selling momentum.
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to...