Havells - Inverted bullish hammer at supportNote: This is for educational purpose only.
There seems to be an inverted bullish hammer on 21 EMA which has acted as dynamic support before as well. RSI is 60 which indicates bullish momentum.
HAVELLS trade ideas
HAVELLS FLAG PATTERN 1HRTHE STOCK HAS GIVEN A BREKOUT OF A FLAG PATTERN ON HOURLY CHART
AND HAS CLOSED ABOVE IT
TARGET ARE 845 AND 853 INTRADAY
SL 825
Havells to fire!After a decent consolidation, Havells looks good for a BO. One can go long above 839 and expect it to test 850+ levels for a new ATH.
DAILY SWING CALL // Thursday 3rd of December 2020 // HAVELLSDAILY SWING CALL // Thursday 3rd of December 2020 // NSE:HAVELLS
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 836.35
TARGET: 962+ (15%)
STOP LOSS: 752(10 % Max)
DURATION: In 15-20 Trading Sessions Target should be achieved
FOR STANDARD NOTES / DISC: Please refer my earlier posts on Tradingview.com
#HAVELLS FOR 850/900A GOOD RETEST AFTER A BURST MOVE IN IT, MIGHT SPEND SOME MORE TIME SO BETTER TO KEEP A CLOSING BASIS SL OF 795 ZONE A VERY GOOD RR OF 1:10 RISK - 10, REWARD 50/60
Havells4H. Has broken out already at it all time high. Indicators positive. Will corect a bit and rally up.
SHORT IDEA ON HAVELLSTEMPORARY TREND SEEMS TO BE WEAK IN HAVELLS CAN GO SHORT BELOW 798 FOR A TARGET OF 783 IN SHORT TERM.
NOTE:JUST AVIEW TRADE AT YOUR OWN RISK
Havells - trading at important resistance - looks bearish Havells - made a pole and upflag pattern but back at resistance and looks weak below current price
HAVELLS - Long TradePA suggests a long in NSE:HAVELLS for a decent trade. All details in the chart.
One can trade in cash or Futures. Try to enter with price on arrival on lower time frames to keep the risk absolute minimum.
All the best Y'all!!
Havells 1D chartlong term resistance broken, retesting going on. Please enter the trade once u get a proper breakout or reversal from the levels, Do not hesitate to contact me with any queries. Kindly support my views. Thanks
Channel pattern on HavellsChannel pattern on havells
Take the trade when its break out or break down
Use strict stop loss
Do your analysis to get the proper entry
NSE: HAVELLS - A SUPPORT OF DOUBLE BOTTOMNSE: HAVELLS has been in an uptrend since June-July 2020 after a heavy fall due to COVID-19. The DOUBLE BOTTOM formation is observed in the daily and weekly charts. The analysis has been done from macro to micro timeframe (Monthly --> Weekly --> Daily). The current view on the stock is to go long with given levels.
I suggest you do your own analysis before investing. This is my perspective based on my understanding.
Trade Status = ACTIVE
Post DIWALI stocks! is HAVELLS heading towards CORRECTION ? Havells chart is providing lots of hint. Its suggesting an imminent correction looming over Havells. Also this stock is major beneficiary of Diwali Consumer Durable Sale rush. Just waiting for ZETA SCANNER to provide sell signal and buy pputs and hold till the next buy signal comes or else it swells in good profit.
