HAVELLS trade ideas
Havells . NEAR !!!!! Havells
630 good resistance
keep in watchlist .
twitter -@TheSachinJain
telegram - @tradingbud
Long ( Short Term Trend) One can wait for daily bullish close , for entry and look to book at top of the range
Havells- Can see pull back to 650-660Irrespective of results, expecting to pullback in 2 or 3 days will reach 650-660
HAVELLS Bearish ViewAs per my chart analysis, Havells (SPOT) sell below 620.00, SL= 635, TP1= 580, TP2= 560.
Guys, I have been trying to read chart analysis and I found this on Havells Daily Chart. If wrong then please correct me with your suggestions. Suggestions are highly appreciated.
Recommendations are only for education purpose.
Thanks,
Result bet on HavellsHavells is constantly in down trend but I am hoping a turnaround
after results
Hoping for short covering and if turns then buy at around 620
with SL 610
target 650
I personally invested at 620 with little bigger SL
Havells Entry 624Havells Entry 624
Stop-loss - 610
Target 765
Risk-Reward 1: 8.7
Risk 2.24% - Reward 22%
Havells trading at 624, took support around 622-630 zone multiple times in the last 6 months.
The primary trend is very strong, so utilizing this dip to get in the trend.
Havells AB=CD in making before breakout?Is havells making AB=CD on hourly charts? Time will tell but if it do the stock can move above 700 levels very quickly.
Havells India Triangle pattern and at weekly 100EMA supportHavells observed to be taking support historically on 100EMA. Currently at this support level and formed triangle awaiting breakout or breakdown.
Upon confirming breakout on upside Targets could be 720 760 780 800 Stop Loss 619 on daily basis.
Disclaimer: Study purpose only. Trade at your on risk.
