HAVELLS_DONT MISSHAVELLS has given a breakout of the trendline today.
A bullish momentum can be observed now. This is a value trade opportunity with good RR.
(For educational purpose only)
HAVELLS
HavellsHavells - Cmp 932
The stock is breaking out from it's downward trendline. Looks good for long with 969 sl on closing basis. Possible targets are marked on the chart.
HAVELLS INDIA | SWING TRADE IDEA | 17/5/21All the reasons for the trade have been mentioned in the image.
---Happy trading
HAVELLS swing trade planFalling wedge pattern is being formed at a major support level along with stochastic RSI divergence, wait for the stock to break above 50 ema to buy.
HAVELLS 15min for 11/05/2021THIS VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE , NEVER FOLLOW ANYONE BLINDLY , TRADE WISLEY !
HAPPY TRADING !
Havells Wyckoff AnalysisWyckoff Accumulation
Go Long
T1= 1300 (90% probability)
T2= 1390 (60% probability)
HavellsConsolidating between EMAs
Break of any side with high volume will trigger a trend on either side
Buy can happen only above 1075
Sell can happen only below 1045
Havells possible long positionIf the price pulls back to 1034.65 then take a buy with stop loss at 1008.50 and ride all the way up to 1126.55
HAVELLS : Corrective outlook After the formation of a low near 986 area , stock prices has risen up in a three wave fashion , which should be taken as a corrective move. Look for short opportunity near 1075-80 area having a Stop loss of 1090 for a minimum target of 980.
SALZER ELECTRONICS-Low Risk High RewardThe Relative Strength is better than its market leader Havells India.
Awaiting a Multi year Breakout.
Inverse Head and Shoulders Pattern is formed and travelling in a Parallel Channel.
Very Low risk but the Reward could be very High.
Havells Short Term Trade For WeekSell Havells At Cmp Or At Any Rise To 1120-1130
Strict SL - 1161
Target - 1030/990
One Can Also Buy In The Money Put Option.
