HAVELLS trade ideas
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 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.
how we traded this 10 % + in Futures Hello traders again I am posting one of Private chart , You can understand the level of confidence and also you can understand how to stick with the trade when your trade
is going in your way towards the target We Booked form 585 to 665 in Futures trading
I am just posting my private chart here with you can click and get the results
Good luck