Honeywell Automation is trading in a triangle channel and Klinger is showing bearish divergence on monthly charts. It can breakout on either side and target of 52800 or 21458 can be seen in coming year. For trading the triangle channel bottom and top can be used.
Looks like good accumulation is going on here long after the trend break can be done only for educational purposes
📈 HoneyWell Auto 📉 My Findings :- 1. Breakout from a Resistance Zone after testing three times. 2. Close above March high. 3. Double Bottom Formation. 4. Higher High and Higher Low formation. Bias- Long Target- 42270, 43302, 44885 and 46110 SL- 39450 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing...
Triangle breakout pattern in Honeywell Automation India Limited
Honaut retesting important fib levels of ratio 1.414 (40800). Can enter into a long position with CMP with SL of 39000 and more can be added around 1.27 (39500) with targets as mentioned on the graph.
#Honeywell Automation India Ltd. Cmp 40000.30 #Retest of top made on 12 Feb 2020 done #Bullish Candlestick on 200 DEMA at same levels #HAIL #MNC #StocksToInvest
Following Chart is of Honeywell Automation which Clearly shows Tweezer Bottom at the Support Level of @39130 The trend must get reversed with Targets anywhere around @48000 to @50000 if the Strong Resistance Level is Broken @45000 The RSI is just reversing from the Oversold Region which hints a nice time to buy. All in all you will end up with a sweet 11% profit...
Honeywell auto (HONAUT) long - Can be good swing trade, All levels marked in the chart. View posted for educational purposes only.
Hello traders, As mentioned in the video, you can look for possible shorting opportunities in the stocks CASTROL INDIAN, HONEYWELL AUTOMATION & RAJESH EXPO for coming session and also for the next few days. Lookout for the exact levels available in my Indicator and trade accordingly. Take suitable entries at the mentioned Zones only so that you can get a...
Levels mentioned on chart, Final target is 40,000 CMP - 28700 SL should be trailed with ever target.
Levels mentioned on chart, Final target is around - 40,000 CMP- 28700