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 On Daily time frame it has made rounding bottom pattern breakout. Please refer below chart. Tomorrow if it open minor gap up or flat and takes support from 1225 then it will be buy trade entry. And if it breaks the 1225 level then it will be sell trade entry. --------------------------------------------- Simple Trade is explained on 15min...
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 :- 1. weekly flug pattern formed annd breakout 2. wait immedity resistance break level after expect T 1 and T2
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
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.
Sell if sustains below 1000 for the targets of 974, 952, and 931 until 1030 is saved on the upside. High-risk traders can keep the SL for 1045. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team