HAVELLS trade ideas
Inverted head and shoulder pattern in HAVELLSHAVELLS
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Inverted head and shoulder Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1440+.
✅Can Go short in this stock by placing a stop loss below 1177-.
✅breakout this can give risk:reward upto 1:5+.
HAVELLSHAVELLS:- Ascending triangle pattern has been formed, the stock has given a breakout, but waiting for retesting. If you are planning something, keep an eye on it.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Havells looks really good for a long trade summer is coming...We all know that from next month summer is coming and the companies like havells is dominating the indian market in the sales of fans, AC.. and other electrical equipment.
havells looks really good on the chart it bounced from the daily demand but hit the stoploss and now it is trying to cross the trendline liquidity from the demand bounce looks good on the chart so my view is to go long on this.
Falling wedge pattern reversal in HAVELLSHAVELLS
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
📊 It can give movement upto the Reversal target of above 1235+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1400+
Havells India Cmp 1270 dated 12-10-2022 HAMMER CANDLEHavells India Cmp 1270 dated 12-10-2022
Swing Trade
1. Hammer Candle @ support
Buy above 1286 for target 1310-1330-1350-1365
1375-1390-1405 SL 1245
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.