HONAUT trade ideas
Triangle B/O?Honeywell Auto Ind -
- Multiple months Triangle Pattern
- Trendline since March'21
- +DI rising above 20 along with ADX above 20
- RSI consolidation above levels 60 since 3 weeks
- Ichimoku Cloud support
HONAUT - Weekly AnalysisIn the Weekly Chart of HONAUT ,
we can see that; it has respected 42500 levels multiple times.
targets are shown in graph.
honeywell automation 60k?I am observing Honeywell automation from a very long time first
- In may it give a fake breakout upto 30k
- then it will take a v shape recovery upto 45 k
- then again it form M pattern and take a dip 34 k
- then it form a w pattern and currently it is continue in uptrend, currently is heading towards 44k which is a good resitance for this stock, if it is going to form a higher low and higher low it will surely come in uprend and it will towards 50 k and 60 k levels . this share is a gem
Thanks
HONAUT - Anytime breakout possibleHONAUT may give breakout soon. Expecting 10%-20% move in short term. Good for swing trading
Honeywell Automation I analyze the chart of Honeywell Automation - price, volume, trendlines, other technical data points across daily and weekly timeframe.
HONAUT 1wtf breakoutHONAUT 1week time frame
Broken out from a beautiful pattern expected a good move because it is weekly pattern breakout
This is posed before the breakout
HONAUT IND 1WTF wait for breakoutHoneywell auto ind 1wtf wait for breakout to happen, resisting near very important resistance
Good opportunity if it breakout
HoneywellAuto, Symmetrical triangle.A triangle pattern is being formed on weekly/monthly charts of Honeywell Automation and if price breaks out on the positive side with good volumes then a buy trade can be initatiated with a healthy upside till around 65000.
Please make sure to keep a stoploss and even trail it along with proper position sizing and adequate risk management!
Soon to catch its bullish trend1. False breakdown to remove weak hands
2. Price trading at support
3. No new low printed (sign of reversal)
4. Risk to reward is 1:6+
HONAUTHONAUT:- Ascending triangle pattern has formed, wait for breakout, till then keep an eye on the stock
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.
DOUBLE TOP BREAKDOWN STOCKStock is not supporting on higher level now double top formation created.
Expecting more downside move.
Will History repeat itself?Honeywell Auto is near a 14 year old trendline. It is a log chart.
It has a tendency to trade in flag patterns. Both trendline and flag started in 2009 and is still continuing. Every time before giving a breakout it comes near the line. It has happened in the past twice. Same thing is repeating now.
Therefore it will be interesting to see how everything plays out. Hence it is at an important position to study business from various other perspectives including fundamental analysis and cycle analysis.
HONAUTVery good channel break out is given, it was respecting four resistance points, now it is out of range which means buyer are strong in it, expected to see minimum 10% to 20% in short term with small stop loss.
please do your own research and investment, if this idea benefits you, please feed a poor. thanks
HONAUT BREAKOUTHONAUT gives a breakout on horizontal trendline resistance and gives a close on above that trendline at the same time giving a Bollinger band breakout too gives a close on upper Band of it so we can see coming bullish momentum in this stock. Bollinger band resistance and next horizontal resistance indicating almost same targets which I tried to mentioned them.
“The goal of a successful trader is to make the best trades."
Honaut good Breakout in channel patternHonaut good Breakout in channel pattern good movie in website more than 10% upside move in this channel I find out double bottom pattern in 30 minutes time frame you can check now and by position in retest and correction.
HONAUT LongStock looks good for a bounce up
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position
is correction over for HONAUT?Stock prints two consequitive green candles right at the confluence of the white and blue channels and 138.2% fib.extension level suggest that perhaps the stock has bottomed out.....one can start slowly accumulating the stock for good gains in future
HoneyWell Chart Analysis !!📈 HoneyWell Auto 📉
My Findings :-
1. Breakout from a Resistance Zone after testing three times.
2. Close above March high.
3. Double Bottom Formation.
4. Higher High and Higher Low formation.
Bias- Long
Target- 42270, 43302, 44885 and 46110
SL- 39450
RR- 1: 2
All Important Supports and Resistances are drawn in chart.
All levels are of Spot and on closing basis.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
HONAUTO ON SUPPORThonauto is at support level which is there since 2021 if this get broken easy 2000 point possible otherwise good for swing
EVERGREEN Stocks _ available at "Nothing to loose Zone" !!!!Here are some evergreen stocks which are 25% yearly compounder for last 10yrs with strong fundamentals and available near strong support zone.
-: NSE:PIDILITIND - available @2370 and strong support around 2250-2300.
-: NSE:BERGEPAINT - available @685 and strong support around 650-680 less than 30 rupees risk.
-: NSE:MINDTREE - available @3785 and strong support around 3550-3500 .
-: NSE:ABBOTINDIA - available @17380 and strong support around 16000-16300.
-: NSE:HONAUT - available @40360 and strong support around 38000-40000.
-: NSE:RELAXO - available @1222 and strong support around 1130-1160 .
-: NSE:VINATIORGA - available @1860 and strong support around 1780-1730 .
-: NSE:ALKYLAMINE - available @2982 and strong support around 2950-2800 hardly 100 rupees risk.
-: NSE:APLLTD - available @725 and strong support around 660-720 less than 50 rupees risk.
-: NSE:HLEGLAS - available @5400 and strong support around 5300-5000 less than 4% risk.
-: NSE:SUPPETRO - available @665 and strong support around 600-620
These all are investment grade stocks which will surely compound your capital more than 25%.
"HAPPY INVESTING"
Honaut Triangle pattern Honaut
Time frame - 1day
triangle pattern
22-01-2022
*MY ANALYSIS ONLY, BEFORE INVESTMENT TAKE ADVICE FROM YOUR ADVISOR.
