HAVELLS HAS THE PERFECT BUY SETUP💯 Hit Like if you like my analysis!
Checklist :
1. Triangle breakout
2. Double retest confirmation
3. In trend trade
4. RR is 2
Please comment if you have any doubts about the analysis. Thanks!
Havellsbuy
Havells long term analysis ! As shown in chart, havells gave good momentum after double bottom formation, and broke descending channel with massive volumes.
Possible targets as per 1w time frame analysis:
1) 1350
2) 1415
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Havells - Inverted bullish hammer at supportNote: This is for educational purpose only.
There seems to be an inverted bullish hammer on 21 EMA which has acted as dynamic support before as well. RSI is 60 which indicates bullish momentum.
Havells - Ascending Triangle Bullish breakoutNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There is an ascending triangle bullish breakout with ultra high volume. Moreover, there seems a trend line breakout in RSI as well. RSI above 65 indicates bullish momentum.
Havells longs position !HAVELLS looks good on charts above 620 levels one can bet for short term immediate target 650/- with stop loss of 600. long positional for target of 710/-
Havells go long from 604-607 levels - Bullish pattern formedHavells go long from 604-607 levels - Bullish pattern formed
603 is an important resistance and will reverse from this point
only take teh trade if no gapup opening tommorow
HAVELLS INTRADAY SWING IDEAHavells right now trading near its resistance, considering its momentum it may break this level for the first target of 622.
Sell only can be initiated when 605 breaks
HAVELLS IMPORTANT LEVELSBuy Above 516 TGT 518/ 521
Sell below 482 TGT 480 / 477
Disclaimer : Trade at your own risk
