NSE:HAVELLS
Observations:
1) On daily time, it is stucked between 50DMA and 100DMA.
Good thing is that it took support from 100DMA.
On 22 Oct it made doji candle and also gave close above 1280 level which was earlier resistance and breakout level.
If it maintain above 1280 level then this level will be now support level and we can see bounce back from this...
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
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.
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...
NSE:HAVELLS
TRADE SETUP FOR 02-08-2021
From the chart is has been taking support from two trendlines. Trendline 1 and Trendline 2.
It closed near to the trendline 1.
Tomorrow if it trade above Trendline -1 then it has a bit strength to go up. You can follow the levels mentioned on the chart. And if it fails to hold support then wait till it takes the...
Havells 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: Simple Trade Setup | HAVELLS | 25-10-2021 [INTRADAY]](https://s3.tradingview.com/j/jAWl9S2U_mid.png "Simple Trade Setup | HAVELLS | 25-10-2021 [INTRADAY]")
