Havells India: Rounding Bottom BreakoutHavells coming out of an extended downtrend with 3 month consolidation in a range forming Rounding Bottom.
HAVELLS trade ideas
havells looking bullish havells wires don't catch fire but it seems like the stock is going to catch the fire
it is not a recommendation it is for educational purpose only
SIMPLE TRADE SETUP | HAVELLS | 03-08-2021NSE:HAVELLS
Today, 02-08-2021, It was trading between our pre-decided levels. And also it took resistance from Trendline-3 and Took Support from Trendline -1.
Chart with levels and Trendline is very easy to understand. Now Target -1 will act as entry point on the buy side and all above levels will act as resistance and target. If it breaks the Trendline-1 then it will be a short trade. But a 15min close below Trendline is needed and also next candle should not be green or if it is green then it should get rejection from Trendline-1 to go for short trade. My personal view is bullish on it.
Comment below your doubts or Suggestion.
Havells in blue sky zone , great breakout with volume Havells in blue sky zone , great breakout with volume
Havells - ATH BreakoutHavells breaking out of ATH resistance. Looks good for swing traders if closes above the marked level.
HAVELLS | TRADE SETUP FOR 02-08-2021NSE:HAVELLS
TRADE SETUP FOR 02-08-2021
From the chart is has been taking support from two trendlines. Trendline 1 and Trendline 2.
It closed near to the trendline 1.
Tomorrow if it trade above Trendline -1 then it has a bit strength to go up. You can follow the levels mentioned on the chart. And if it fails to hold support then wait till it takes the support from Trendline-2. And from that one can also take the trade on buy side if it takes the support from Trednline 2. Levels above the entry point from the trendline-2 will act as resistance and targets.
If it breaks the Trendline-3 then it will be super bullish to make new high. At this moment my personal view is neutral. Since due to Friday factor, we saw profit booking in it.
For the safe trade you can just wait and follow the levels mentioned on the chart.
Do comment if you have any doubt or suggestion.
Havells: ShortResistances Galore.
Nearing Overbought zone.
Could touch 1095, however possibility of touching sub 1000 is higher, sooner.
HAVELLS | Simple Trendline breakout & Kind of W pattern for 17%HAVELLS | Simple Trendline breakout & Kind of W pattern for 17%
CMP : 1040 (Dip : 980)
SL : 950
Target : 1200
Almost 1:3 risk reward setup
Parallel Channel in HAVELLS Expected 1200+ Target After BreakoutSince last 4 months, Havells trading in parallel channel range. Expected breakout of this channel in upcoming trading session. If it give breakout of this parallel channel then we can go for long above 1090 for target of 1140 and then after 1200+ for short term period.
Possible Trade:
Buy Havells Above 1090
Stop loss - 1050
Target 1140 1200+
HAVELLS - Intraday for 29th Jul 2021Both side movement possible. Watchout the move and trade according to your own analysis.
Havells Superb 15%++moveContinuously updated regarding same stock
and it gives us mindblowing 15%+ returns in very few days
HAVELLS SHORT Saw a Shorting opportunity in Havells BTST. Took PE 1100 . Hourly Chart, Comments Please .
HAVELLS : Bullish Flag & Pole BreakoutHavells has given a bullish flag & pole breakout in weekly chart with decent volume.
Can go for long with an easy target of 1200 which is the immediate resistance with a stop loss of 1000. If crosses 1200, next target will be 1300.
P.S. - This is not a trade recommendation. Do your own analysis before taking any trade.
HAVELLS BREAKOUTSYMETRICAL TRIANGLE BO
RESISTANCE BO
TARGET - 1200+
REMEMBER WE ARE ONLY EXPRESSING OUR OPINION THERE IS NO RECOMMENDATION AT ALL. THANK YOU
HAVELLS AT SUPPORTHAVELLS FORMED A VERY GOOD BULLISH PINBAR AT THE SUPPORT AREA , CAN GO LONG HERE FOR MIN 8% PROFIT
IF RSI HOLD'S ABOVE 45 THEN IT WILL DOUBLE CONFIRM THE MOVE ,,
BUY ABOVE - 975-1000
TARGET -1070
Havells ready to move upsideAlreday give you idea about havells now forming good pattern and taking bounce from support
Stricly Place SL below support zone marked in Chart
Strong fundamentals , Hold tight it will surely gives you 20%+ returns in short time span
thank you.
[ Positional ] HAVELLS Long Betr : R ratio is 1 : 2
Rest as per CHarts
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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HAVELLS--> 8% upside potential in short time The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
