HAVELLS trade ideas
Havells - Perfect time for ShortIt has broken lower channel and was significantly down, further 90 points fall is expected.
HAVELLS POSITIONAL BUY - CONTINUATION POSITIONAL BUY @ 810 GIVEN FOR TARGET 1200 +
SO FAR GAVE 90 +
CMP @ 898
STILL MORE TO COME
HOLD , RISE, SHINE
disclaimer - for study purpose only
below shared idea for reference
Havells: BuyStock looks very string despite market is weak. One can buy at current price and add in dips.
BearishIf trend line broke enter below 1117 for 1st target of 1099
Fresh buy only above 1156
Budget scenerio may take it further down til 1032 for fresh rally ...if sustain level of 1156 will touch new highs
Ascending Triangle PatternThe stock is making an ascending triangle around the ATH level and looks good for long above 1156 level
Havells long term analysis ! As shown in chart, havells gave good momentum after double bottom formation, and broke descending channel with massive volumes.
Possible targets as per 1w time frame analysis:
1) 1350
2) 1415
NOTE: This Analysis Based On 1 Week Time frame,
Targets May Achieve Within Period Of 3 to 6 Months.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
BullishLong term support is at 865, short term support is at 950. Good for medium term entry with a target of 1250 by July 2021
HAVELLS trading level for the dayforming descending triangle..
in my view its bearish..may be it wrong
just go with the trand guys
Havells Looking WeakSell if sustains below 1000 for the targets of 974, 952, and 931 until 1030 is saved on the upside.
High-risk traders can keep the SL for 1045.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HAVELLS Flag BreakoutBuy HAVELLS above 923 Target 1008
This idea is for educational purpose only.
Please use strict stoploss and money management rules.
Kindly consult your financial advisor before investing.
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BearishSeems bearish for short term
If breaks level of 1000
Likely to touch 978
Entry below 1000
First target 988
2nd 978
Sell on rise may happen
To not trade if do not breaks 1000 with bearish red candle
