Havells Triangle patternHavells
Time frame -1 day
Triangle pattern
19-01-2022
before investment take advise from your advisors, I am not Sebi registred
HAVELLS trade ideas
HAVELLS Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
havells looks good to keep in watchlistHavells has been consolidating in a triangle pattern and any breakout or breakdown can give good momentum and targets
havellsVCP pattern seen
Keep a close watch above 1410 this can blast
CBSL 1350
Minimum RR 1:2
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Havells [Daily]Might see a retracement on Monday before moving.
======
This is not a recommendation though. Trade as per your knowledge and your risk appetite.
And do not base your trade on what I give. Please do your own research before investing!
Happy Trading!
Havells Keep in watchlistHavells Keep in watchlist Havells Keep in watchlist Havells Keep in watchlist Havells Keep in watchlist Havells Keep in watchlist
Make 50 % Profits in Single trade I have made an efforts Giving an Best Opportunity for People to Make Money
You can make 50 % Gain in Next 10 to 11 Trading days
Follow the rules of Stop
Good luck
HAVELLSSlight bullish move seen, we should wait for any move, it can be up or down, anyways if that happens with a big candle you can make good money
havellsgo long only above 1410 daily closing basis
symmetrical traingle breakout
sl around 1330-1350
Havells Looking Bullish for short termHavells India Looking Bullish for short term concentrate if price sustain above 1387...
HAVELLS PRICE ACTIONHAVELLS is forming very good pennant pattern.
Waiting for good volume for breakout
HAVELLSHAVELSS looking very good for short term swing if close baove1425 and good upside targets can come in havells keep eye
HAVELLS WEEKLY CHART ANALYSISHavells had a W-pattern break near March 2020 lows. The W and M patterns are very commonly seen on the candlestick charts. W patterns are bullish in character and are generally seen at the bottom of a downtrend, whereas M patterns are bearish and are seen at the top of a rally.
The stock made new highs in Nov 2020 followed by strong follow up bullish candles which can be observed till mid-Jan 2021. Thereafter, the stock went into consolidation for about 6 months but the downside was limited. The consolidation is a phase in which a stock gyrates in a range for some time. If the stock forms deeper lower-lows and lower-highs, it is called a correction. But in case of Havells, the lows were not deeper enough to call it a correction.
The consolidation ended up as a falling wedge pattern (which is considered bullish in character) and then broke out of this pattern in July 2021. The stock had a very strong breakout above the previous high at the end of August but it ended up as an exhaustion. Exhaustions can be observed as very wide candles at or near the top of a rally. It signifies that the buyers are exhausted and the stock may face a sluggish rally or consolidation or correction in the coming weeks or days.
The October sharp fall is an evidence of the exhaustion in the August. But this sell off stopped right near the prior important support/resistance zone (1200) and there was no follow up on the downside thereafter. The stock tested the 1200 zone recently in December and has been trying to hold.
It seems like a range bound action between 1200 to 1500 can be seen in the coming days/weeks (support near 1200 and resistance near 1500). A strong break on either side (below 1200 for downside and above 1500 for upside) will lead to a decisive move.
I hope this analysis will help some traders/investors in decision making.
Regards
#Consult your financial advisor before final decision making.
Havells monthly weekly closing to be observed havells will it close strong on new high on monthly and weekly closing basis??
let us observed
what technical fundamental expert say view comment welcome .
as posted for technical learning via sharing
Havells preparing for up move ?Havells preparing for up move ? Stoploss is very tight, small entry or wait for another confirmation candle.
Simple Trade Setup | HAVELLS | 17-12-2021 [ INTRADAY ]NSE:HAVELLS
Observations:
1) On 1day time frame, it just closed at 50DMA.
And it is trading above 100DMA.
50DMA is placed at 1359.32 and 100DMA is placed at 1334.07 level.
We can say that 1335 level range will work as support.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date: 17-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
HAVELLS LONGI hope you can now see how HAVELLS represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Havells ShortI hope you can now see how Havells represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
