HAVELLS trade ideas
Havells - Reversal TradeHvells taking good support at demand zone. Looks good at CMP for swing trading. SL below the support area on Clb.
havels 1:3 target1 and 1:10 target 2 (2 july 2021)havels 1:3 target1 and 1:10 target 2 (2 july 2021)
HAVELLS NICELY SETTING UP Havells is at wyckoff re-distribution . I'll only go short if it breaks else i am super bullish it could be shakeout and take higher to ath soon within july.
BuyBuy at 980-970 stp loss 950 daily closing basis target - Hold for new high.
Hammer candle is visible. Price if retest to LML then it will present good risk reward opportunity
Disc : it's not an investment advice to buy or sell
Swing Opportunity in HavellsGo Long above 985.05, for a Target of 1012.1, and 1039.15 with SL 4312. 05
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish candlestick pattern, Bullish Hammer (marked with an orange circle) is formed at 0.618 Fibonacci level.
3. Also there is a Demand Zone (marked with a green rectangle) around 0.618 Fibonacci level from which the stock is taking support and moving up.
1hr chart analysis of Havells IndiaSwing TRADE
HAVELLS INDIA
Buy: 1000;
SL: 967;
T: 1080;
-Mohit Rajani
HAVELLS Descending Triangle With Morning Star HAVELLS Descending Triangle With Morning Star .
it taken a support now to move uptrend
target:1040 for swing trade
1045 above breakout
Havells ready to move Technical buy on Havells India 4 hour Chart analysis it has touched the support and now ready to fly above 1008 with sl 984 for target 1075
HAVELLS HOURLY CHART BREAKOUT OF DESCENDING CHANNEL . SUPOORT AROUND 980-985 , ST TGT 1025-030 . MT TGT 1085-1090
