Honey well automation Took support trend line from 2020 now aginPerfect support level may bounce from here DYOR took trend line support from 2020 now agin come in trend lin
HONAUT trade ideas
Honaut: Strong Daily Demand Zone & 44,000 Weekly SupportHonaut is currently trading entering a strong daily demand zone between 44,275 and 43,060, which could offer significant support if price stays within this range. Additionally, we observe a key weekly support line at 44,000 (also aligns with a psychological level). This makes it an even more significant area for potential price action.
Key Levels:
Daily Demand Zone: 44,275 and 43,060
Weekly resistance turned support Line: 44,000 (previous resistance now acting as support)
If the price remains within the demand zone, this could be an ideal area for potential reversals, especially with the added confluence of the 44,000 psychological level. Watch for price action confirmation and the possibility of an uptrend continuation or reversal as the price approaches this zone.
Inv head and shoulder in HoneywellGood reversal signal in honeywell automation.
All checkpoints are ticked..
1. Downtrend before formation of reversal pattern.
2. Volume support at break of neckline.
It is now buy on dips and targets of earlier resistances can be considered.
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I am not a Registered Financial analyst:
1 Learn the concept, not tip
2 Master 1-2 strategy, stick to it for consistent results
3. For weekly charts, Target/SL takes 1-9mon
5. Strict SL is on weekly closing basis
6. Diversify in at least 20 stocks
Long HonautShrinked volume in correction
previous week close was above two week ago highs.
long shadow and improving fundamentals.
cmp 50429
sl 46770, 7.5%
target 60700, 21%
holding period 2-3 months
UPCOMING SETUP SERIES SCRIPT - 13SHARED ANALYSIS based on purely price action only for a technical aspect. Described level does not need to necessarily be observed….
KEEP ADDING to your watchlist and wait patiently.
LONG TERM INVESTORS can use described levels to accumulate OR hold….
At support Honeywell automation is at support. Max chance for reversal from hear. Wait untill it break trendline and close above trendline.
HONEYWELL (BIG RALLY) PERFECT Consolidation - done
textbook chart pattern rare to find - done
Breakout + breakout - smooth
just hold and ride the trade
What Is the Flag and Pole Pattern?
Imagine a flag on a pole—that’s the mental image we’re going for.
Pole: First, there’s a sharp price move (either up or down). This rapid movement creates the “pole” part of the pattern.
Flag: After the pole, the price enters a consolidation phase. It’s like the market catching its breath. During this period, the price moves within a narrower range.
The flag can take different shapes:
Sometimes it’s a horizontal rectangle (like a flag hanging straight down from the pole).
Other times, it’s angled away from the prevailing trend (like a flag fluttering in the wind).
Psychology Behind the Pattern:
Despite the strong vertical rally (the pole), the stock or asset refuses to drop significantly during the flag phase.
Bulls are like eager shoppers—they buy every dip, unwilling to wait for better prices.
The breakout from a flag often results in a powerful move in the same direction as the pole. Traders measure the length of the prior flagpole to estimate the potential target.
Variants:
There’s also a cousin called the bullish pennant, where the consolidation takes the form of a symmetrical triangle.
Remember, these patterns work similarly in reverse:
Bear flags (bearish version) and pennants signal potential downtrends.
Examples of Bullish Flags:
Let’s look at a couple of visual examples:
Bullish Flag Emergence: Consider Answers Corp. The tight consolidation after a strong rise forms a bullish flag. Bulls are buying aggressively. The target? Around $9.50.
Rectangular Bull Flag: America Service Group Inc. shows a rectangular bull flag. Notice the long lower tails on the candles—clear signs of buying. Volume patterns matter too!
HONEYWELL AUTOHoneywell Automation India Limited (HAIL)was started in the year 1987 as a JV between Tata and Honeywell. It was known as Tata Honeywell Limited each holding 39.54% stake. Later in 2004 Honeywell Asia Pacific Inc. bought Tata's stake and the name was changed to Honeywell Automation India Limited.
Leader in Integrated automation solutions
Honeywell Automation India Limited (HAIL) is a leader in providing integrated automation and software solutions besides process solutions and building solutions. A Fortune 500 company, it has a wide product portfolio in environmental and combustion controls, sensing controls, etc. It also provides engineering services in the field of automation and control to global clients.
Technology Sharing by Holding company
HAIL has the privilege to access a few of the latest products and technologies of its ultimate holding company Honeywell International Inc. for launching in Indian markets.
Business segments
HAIL caters to its esteemed clientele in domestic markets through various segments which are Process solutions, Building solutions, Management Systems, Advanced Sensing Technologies. It caters to its customers in export markets through the Global Engineering Services Segment and the Global Manufacturing Segment.
Caters to Diversified Industries
Honeywell automation is well placed to cater services through its various business segments to various industries like Aerospace, Buildings & Cities, Chemicals & Materials, Healthcare, Industrial & Manufacturing, Retail, and Safety
Esteemed clientele
Honeywell has a strong track record of serving clients who are having presence across industries in India. Its clientele includes well-known companies with good presence in domestic markets as well as international markets. Some of its reputed customers include Reliance, Vedanta, HPCL, TCS, Delhi Airport, AIIMS, ITC Hotel, Kolkata airport, Mahindra & Mahindra, Kirloskar Oil Engines.
Major Concerns
Major concerns of the co. include rising international crude oil prices, forex rate fluctuations and disruption of the global supply chain.
HONAUTBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
Honeywell looks a good long term buy hereLooks like good accumulation is going on here
long after the trend break can be done
only for educational purposes
HONAUT1.Moving averages
- 21 Ema above 50
-50 Ema above 200
-Gap between Ema seems better
2.uptrend continues observed
3.Good pivot levels
Short Term Trading Idea on Honeywell Automation for 15% UpsideHi,
An bullish on-neck Breakout pattern emerged on the daily chart of NSE:HONAUT
MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue.
Level of Entry, Exit & Stop loss mentioned on the chart.
Follow me for more scuh IDEAS.
This idea is for educational purpose only.
TL AND RESISTANCE BO STOCKS has given 3 confirmation of breakout
1)tradeline breakout
2) resistance breakout
3)Retest and uptrend
good to buy for long
only for educational purpose not for recommdation
Honaut Monthly Triangle Pattern BreakoutHonaut Monthly Triangle Pattern Breakout
Buy Honaut as Triangle Pattern Breakout
Target 66500
stop loss Below recent low near pattern low
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if found any related query allow me to answer
i am not a sebi registered analysist
this is just my observation for practice and learning purpose
of chart reading and try to understand the price action trading
thank you
strong upside breakoutstock has broken all time high can give 20 to 30 percent returns in coming days
HONEYWELL AUTO IND attempting breakout from 3-year consolidationHONEYWELL AUTO IND: on the monthly scale it is attempting a breakout from its over 3-year consolidation. Relative strength to CNX 500 started moving up (purple arrow) as volume too is rising over the last 6 months. Momentum indicator, RSI, is trading above 60 (bear resistance zone) first time after the consolidation low in May, 2022. Also, during the entire consolidation RSI never traded below 40 (bull support zone). Breakout above 50,000 can see some good rally in the counter with potential to test 70,000 levels in the coming months.
No recommendation. Only personal analysis. Please consult your financial advisor for any investment and/or trading decisions.
Buy Honeywell for a target of 51500Buy Honeywell for a target of 51500
Stop loss of daily close below 43000
Time frame for the trade is 10-12 trading days
Amazing breakout on Weekly / Daily Timeframe - HONAUTCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-
PS: People who missed my first BO level, can re-consider this BO level when a proper candle close is seen in Daily TF.
Amazing breakout on Weekly / Daily Timeframe - HONAUTCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
PS: This script is shared 1-2 days delayed. Sorry for the delayed charts. CAN CONSIDER AT RETRACEMENT LEVELS TOO
Honeywell Automation : Swing Long
Trying for a long reversal by giving a breakout of trendline.
Took support on 200 ema on higher time frame.
RSI slowly rising above 60.
Price needs to close above above 37850 for breakout confirmation.
Note: This is just for analysis purpose, please do your own research before punching any orders.
🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
HONAUT, 1D forms Hammer after a dwntrndNSE:HONAUT Honeywell Automation India Limited (HAIL) is a ~$350 million+ company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). It was incorporated in India in 1984 and its registered office in Hadapsar, Pune. HAIL is a leader in providing integrated automation and software solutions, including process solutions and building solutions. It has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients.
HONAUT dorms Bullish Hammer after a downtrend on Daily time frame and gave closing above it.
Entry : 39941
Target : 41100/41400
SL : 38600
RR : 0.85/1
