HAVELLS trade ideas
[Positional] HAVELLS Double Bottom BreakoutHavells has formed a nice double bottom.Today it has come out of Double bottom pattern also it has broken the resistance zone- so higher levels are expected going forward.
The length of bottom is quite high - and it exceeds the ATH of HAVELLS if projected upwards - so our R:R will be low in this case.
Entry - 1348-1350
Target - 1486
SL - 1200
Though R:R is very low - Probability of profit is high.
Havells India Ltd (HVEL)@breakout
Havells India Ltd (HVEL)@breakout
Havells India Ltd (HVEL) strong breakout with volume break out and momemtum created in day chart.
Havells breakout for long. so strong upside are coming. BUY above 1390
NEXT TARGET 1417,1432,1468. Time to go for long, get ready to catch the profit. Thank you.
Breakout in HAVELLSBreakout in HAVELLS
Entry: CMP
Targets: 1420 & 1480
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss (SL FOR THIS SETUP IS HUGE. PLEASE PLAN YOUR TRADES). I am not SEBI registered.
Havells 1H, Head & Shoulders Head & Shoulders
Just placed my idea in Position drawing.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Small Resistance/Support Levels
Green: Buying or Support Zone (buy at support)
Red: Selling or Resistance Zone (but after breakout)
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.