NSE:HAVELLS Today, 16-07-2021, it hit our all 3 targets. Even made day high at target -4 which was not mentioned before. And Today it closed above our 3rd Target. this will act as good support zone. Don't take buy trade if the stock is trading below this range. You can only take fresh buy trade above 1076 only. And once it breaks the 1100 resistance then...
-possible breakout of flag pattern. -bounced from support zone so expecting to atleast reach the nearest resistance zone. - if breakout is sustained we can expect 10-12% gain from current levels
Weekly Divergence in Longs Favour... Good Support in zone 975-950
NSE:HAVELLS Green Lines = support. Consider it as your Target if you short/sell it after the mentioned level. Red lines = resistance. Consider it as your Target if you go long/buy it after the mentioned level.
HAVELLS :- 1. weekly flug pattern formed annd breakout 2. wait immedity resistance break level after expect T 1 and T2
Positional Trade: Buy: Havells India Last Closing Price: 1022 Target: 1080 Stop Loss: 1000 Holding Period: 2-3 Weeks
Key Highlights: 1. Bullish market structure 2. Volume expansion 3. Trendline breakout 4. Falling wedge breakout 5. Ascending triangle formation 6. Support zone: 970-990 7. Target: 1077, 1135, 1189, 1232 8. Stop loss: 985 You are always advised to use an appropriate Risk-Reward ratio as per your strategy. P.S: This is NOT investment advice. This chart...
Havells - successfully retested #fallingwedge Breakout alert ahead. Self explanatory chart. For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
The stock is near the support zone again and if it doesn't break the support, we may see higher marked levels on that chart in upcoming trading sessions. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Daily demand zone setup. Entry - 1004.50 Target - 1047.50 SL - 983
If 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
follow trade and invest at your own risk
Sell 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.
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!
The 30 min chart is under observation. If the trend changes and strong upside momentum is seen, then the pattern is BARR and entry at the extended-handle trend line
NSE:HAVELLS whenever your trade setup allows you go long till above level it's bearish AB+CD harmonic pattern. and if you find reversal at PRZ(pink dash line) then as per your trade set up you can short as well. ******whatever charts or levels sharing here are just for educational purpose only...
Note: 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.