Gave a decent breakout and consolidating in a triangle pattern. Can take LONG position once the trendline is broken by a strong 30 mins candle and also let it close. For shorting opportunities you should scalp as the trend is bullish . And also let the market cool down or let it establish a trend and take trades accordingly.
Also, checkout my NIFTY50 Technical...
Havells has given a breakout of double bottom pattern and we expect to see 1600 - 1630 levels in coming months.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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.
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Trade Setup for Date: 17-12-2021
1)...
I hope you can now see how HAVELLS represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
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.
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Trade Setup for...
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...
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to...
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
Observations:
1) On 30min Time Frame, It has been taking support from parrallel accending support zone from long time. And it closed just above that upper trendline.
Please refer Chart below: 30min time frame.
2) On 1hr time frame, it is making accending triangle pattern. Breakout of 1260 level on hourly time frame will give good up move and...
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
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.
We will go long if Price sustain above 1100 level by keeping 1060 as Stop loss & TGT is 1190
*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
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...
![HAVELLS: Simple Trade Setup | HAVELLS | 17-12-2021 [ INTRADAY ]](https://s3.tradingview.com/9/9iapmUSZ_mid.png "Simple Trade Setup | HAVELLS | 17-12-2021 [ INTRADAY ]")
![HAVELLS: Simple Trade Setup | HAVELLS | 15-11-2021 [INTRADAY]](https://s3.tradingview.com/l/LANUFDBY_mid.png "Simple Trade Setup | HAVELLS | 15-11-2021 [INTRADAY]")
![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]")
