HAVELLS trade ideas
HavellsConsolidating between EMAs
Break of any side with high volume will trigger a trend on either side
Buy can happen only above 1075
Sell can happen only below 1045
Havells possible long positionIf the price pulls back to 1034.65 then take a buy with stop loss at 1008.50 and ride all the way up to 1126.55
HavellsBuy above 1056 with the stop loss of 1046 Targets are 1066, 1076 and 1086.
Sell below 1043 with the stop loss of 1053. Targets are 1033, 1023 and 1013.
Havells to take long entryLong Havells after the BO of TL as well as trading above the 20 EMA @ level of 1065 for the target price of 1175 with the SL of 1015. RSI is forming the +ve divergences.
Stock is trading above the support. On weekly chart stock is in uptrend. This is for your educational purpose only.
HAVELLS : Corrective outlook After the formation of a low near 986 area , stock prices has risen up in a three wave fashion , which should be taken as a corrective move. Look for short opportunity near 1075-80 area having a Stop loss of 1090 for a minimum target of 980.
HAVELLS LONGMove above 1109 , stock might make a move towards 1120/1129
SL : 1094
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
Positional Long on HavellsBuy @1126 with SL 1088 for a Target of 1202+
Buy only on mentioned level @1126
Havells Short Term Trade For WeekSell Havells At Cmp Or At Any Rise To 1120-1130
Strict SL - 1161
Target - 1030/990
One Can Also Buy In The Money Put Option.
Havells India - Up or Down Havells India is at very important support level - can see downtrend if it breaks support of 1110 - Lets see what happens next - Chart only for educational purpose - not an investment advice !!
Stock looks weak below 1100 and can head lower towards 1065/1045NSE:HAVELLS
NSE:HAVELLS
The stock has given a breakdown from a head & shoulder pattern on hourly charts.
The stock looks weak below 1100 and can head lower
--Sell below = 1100 or CMP
--Target = 1065 | 1045 | 1030
--Stop-loss = 1130
--Expected Profit = ( 6.5% )
--Expected Holding = 7-10 days only
All ideas shared are for educational purposes.
#Havells cash : good sell only below 1120#Havells cash
23.02.2021
Strong support 1119-1120
Selling below 1120
stoploss 1130
Tgt 1112/1103
Resistance 1130-1140
Cmp 1124.45
HAVELLS HAS THE PERFECT BUY SETUP💯 Hit Like if you like my analysis!
Checklist :
1. Triangle breakout
2. Double retest confirmation
3. In trend trade
4. RR is 2
Please comment if you have any doubts about the analysis. Thanks!
