HAVELLS trade ideas
HAVELLS AT KEY LEVEL!Havells is getting rejection at key level
Drawn the possible target areas!
enter when you see rejection!
HAVELLS SELL / DISINVESTMENT CHARTSELL THE STOCK IN RANGE
FIRST REVERSAL R1 700 TO 705 SL FOR SELL 720
TARGETS 693/680/666/648/620/AGGRESSIVE TARGET 579
SECOND STRONG SELL ZONE R2 730 TO 735 SL FOR SELL 770
TARGETS 705/693/680/666/648/620/AGGRESSIVE TARGET 579
POSITIONAL SELL IN FUTURES / OFF LOAD THE STOCK
Havells on breakout level ready.Stock of Havells is at BO level & forming the higher highs. We can see the double bottom is forming on the charts & stock is trading above the 20 EMA level. Here we have good reward to risk ratio as 1:3. Divergence sign is also in bullish mode. Long entry can be taken above the price of 645 after the BO of resit.level for the next target price of 665 with the SL of 628. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Havells India Ltd. Havells India Ltd. closed above resistance level whereas
Technical indicators are bullish.
If price trades above today,s high 654 near by resistance is 665 and and support is 100 day sma(638) on hourly chart.
BUY HAVELLS FOR TARGET OF 800 LONG TERMCURRENT PRICE 640
BUY FOR A TARGET OF 800 ( 25%)
STOPLOSS 595 ( 7%)
GAIN OF 25% LOSS OF 7%
Havells India Ltd. - DAILY CHART VIEW!!Havells India Ltd. pulled back to supertrend , RSI 50+ & steady.
once it sustains above mid bol 625, it may move towards upper bol 660.
Stock has strong support in 615-605 zone.
HAVELLS INDIA HAVELLS
630 has been acting as strong resistance in the short time frame for Havells
on 15 Min time frame, it has made a perfect Symmetrical Triangle
for 3rds September if it is breaking 630 levels
Then we can expect below targets
T1 - 635
T2 - 638
T3 - 640 ++++
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Note:- All these levels are only for educational purposes only.
Short "Havells". clearly in downtrend and sister stocks also.As Jesse Livermore trading patterns
Havells in downtrend , and their peers or sister stocks also in downtrend , chance of short. It clearly on double top with peers i.e., Abb, siemens
HAVELLS - Intraday Trading Setup for 27 Aug 2020Disclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
