#havells the breakout is yet to happen clearly from the W pattern and is consolidating
since it touched the neckline. But good thing is that there a multiple bullish reverse divergences
seen on the daily timeframe and there is good probability of this working out to make happen the breakout
Havell's remain potential breakout candidate pattern seen. Momentum and...
Swing Trade Short Opportunity in Havells FUT. Havells after forming countless bearish candles near the resistance has broken down its trend line.
Trade at your own risk
NSE:HAVELLS
Observations:
1) On 30min Time Frame, Still it has been taking support from parrallel accending support zone from long time. And it closed just above that upper trendline same like the previous trading day.
Please refer Chart below: 30min time frame.
2) On 1hr time frame, it is still in accending triangle pattern. Breakout of 1260 level on...
NSE:HAVELLS
Observations:
1) On 30min Time Frame, It has been taking support from parrallel accending support zone from long time. And it closed just above that upper trendline.
Please refer Chart below: 30min time frame.
2) On 1hr time frame, it is making accending triangle pattern. Breakout of 1260 level on hourly time frame will give good up move and...
🔴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 have...
NSE:HAVELLS
On Daily time frame it has made rounding bottom pattern breakout.
Please refer below chart.
Tomorrow if it open minor gap up or flat and takes support from 1225 then it will be buy trade entry.
And if it breaks the 1225 level then it will be sell trade entry.
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Simple Trade is explained on 15min...
NSE:HAVELLS
Simple Trade Setup for Havells For date 09-08-2021.
Chart and levels are easy to understand.
Trenline-3 which was working as resistance before now it is working as support. You can zoom out and watch the trendline for your reference.
Do comment your doubt or suggestion.
all the best for the upcoming trading days.
Havells Should trade below today's low 1212 for an intraday entry on 6th August. False breakouts tend to move faster than usual. Let's wait and watch in the live market.
The stock has broke out from the resistance with good volume and the candle on 4th aug has respected the earlier resistance as support, follow the price action for long entry
NSE:HAVELLS
Today, 02-08-2021, It was trading between our pre-decided levels. And also it took resistance from Trendline-3 and Took Support from Trendline -1.
Chart with levels and Trendline is very easy to understand. Now Target -1 will act as entry point on the buy side and all above levels will act as resistance and target. If it breaks the Trendline-1 then...
