Head & Shoulder pattern found. Good RR we can capture here. Target: 1418. SL: PCL (1265/1250)
Havells India Limited - 03.06.2022 The stock is trading @ 1156.15 levels There is a SUPPORT @ 1151 There is a MACD Bullish Divergence in Daily Chart The prices are below EMA Let the prices go above 1177 Watch out for the price action
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)...
NSE:HAVELLS #NSE:HAVELLS shared yesterday in TV with the levels, as mentioned, support broken and it started falling. our 1400 PE trading with 10k profit till now !! Check out the attached idea shared yesterday !!
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...