Havells LongThe price has found support 2 times at the same marked level of 467. I am expecting the stock to move towards the upper end (510) of the fairly wide range it has created recently.
HAVELLS trade ideas
HAVELLS INDIA - BULLISH SIGNS!!HAVELLS INDIA
The stock has given a breakout from the trendline in the hourly chart and is consolidating below the resistance level at 555.
RSI is in Bullish Zone.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***
One the price gives a breakout above 555 with Volume, we might see a short term strong uptrend till 572-575. Nearby support is 540.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute
***this is my personal view. Please take advice from your financial advisor before investing.
Havells ViewBoth ways Trades can be executed
Please keep nifty view before executing Trades.
Line & comment if you find this useful
Havells longNSE:HAVELLS
Near Resistance line, If it break red line and close above 554.5 then you can go for long.
Plan your trade according to your risk :)
Please like if you think its useful. which can motivate to share more ideas :)
JUST ABOVE RESISTANCE.. If SUSTAINS ABOVE 551 might see a jump of 3-5-7-9 -11points.. SL: KEEp watching this space during market hrs...
Havells - Short idea Havells
Repeatedly testing 575 resistance level and 460 support levels.
As we can see the pattern and if trend continues, Havells will test 480-460 levels in next couple of sessions ...
Pls add to watch list and trade as per trend.
SHORT HAVELLS if it comes to 563 levels target 556/553 , SHORT HAVELLS if it comes to 563 levels target 556/553 , stoploss 567 for now
HAVELLS CASH : GOOD SELL ONLY BELOW 552 LEVELSHAVELLS CASH
03.06.2020
GOOD SELL ONLY BELOW 552
STOPLOSS 560
TGT 542/535
(SUPPORT 535)
CMP 555.35
