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HAVELLS - STRONG BUY FOR SHORT TERM BUY HAVELLS ENTRY: 1010-1030 SL: 995 T1:1130 T2:1230
For details pls refer the chart ( trend analysis + fib retracement ) - Stock has retraced well post its result. now it time to show +ve for result.
Note: Not a Sebi Registered or certified Analyst. It is just my analysis as well as Opinion and for my records. Not a recommendation or promise
1670-1690 is a strong buy zoneWhy am I so confident of 1670-90 zone..,
the same zone gave support 5 times earlier and it is the 6th visit to same zone..,
It is the zone from where 400 dollar or 25 percent upside rally started..,
And it is the zone of inverted head and shoulder breakout,,
Expected Road map - 1680-1758 - 1698 - 1815- 1768 - 1868 (channel top)
Buy the dips and keep accumulating..,
Stop on closure below 1670.., Below 1670.., 1530-60 zone possible..,
RELIANCE - Strong BUY for 17% potential profit NSE:RELIANCE has shown breakout with higher volume.
There is 17% potential profit opportunity with RR>4.
The MACD is bullish.
The stock has shown breakout after consolidating for last four months. There is high chance that the stock would change the direction.
RELIANCE - CONSOLIDATION - BUY IN DIPSReliance has been looking weak in the last 2-3 weeks with a lot of negative sentiment. Price has been trading lower providing long term investors with some very good entry points during the trading session.
Breaking the 2000 sentimental price will require some strong buying in the coming days.