HAVELLS trade ideas
Havells on breakout level ready.On Daily charts we can see the stock at break out level. So we can take the long entry above 550 for the target level of 575 . We can see the minor hurdle in stock at 564 level so be cautious at this level. Also we can double bottom pattern is visible in the charts. so add the stock in your watch list for next trading session.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Buy Havells for target above 500With stop below 447, entry at around current price of 465 and for target of 545, we get a good risk-reward ration more than 1:4
If price breaks below 450 we can look to short for target near next support levels of 320. But that is not the trade at present. Current trade is to buy as near to 450 as possible aiming for target above 500.
Nice support at around 450 from price levels going back to 2017. (Check weekly line chart below)
Havells on Weekly supportHavells can make or break share right now. It is at the weekly support and ready to fire. What you guys think ?
Disclaimer: Educational purpose only.
HavellsFormed a perfect descending triangle,
let's see what happens next.
If sustain above 467 we see upside moment.
If breaks 454 target 448 If 449 support breaks we will see more downside.
HAVELLS, HOW I EARNED 10 POINTS (Trade Analysis)When the Trend Line Breakout, I Entered in Havells in futures and Earn good Profits
If you want to Learn Price Action Ping me Personal Msg On Tradingview
Havells - Ending digonal breached!Havells breached ending diagonal and looks perfect buying opportunity for 570
Havells near last support zone.The stock is bouncing around its support area.
It is below 200 & 21 EMA and it is exactly around the last low of march end.
Once the trade is active SL will be the bottom of the support zone - 465/468.
Target will be open as there is no more support for the stock below the current levels in the short term for now.
(310-340 is weekly support)
Trade carefully.
Strong buy HevellsA bullish butterfly harmonic pattern. Checked with Fibo as well.
Currently closing price is sitting over a very strong Support of 6th Oct 2016 which it tries to break 5 times.
A trend line is closing over support.
I suppose in a day or two a BO will happen as suggested by harmonic pattern.
HAVELLS, Fibonacci retracement complete. On verge of breakdownHAVELLS did 61% retracement of its fall and took resistance at exactly 38.2%. Now it is coming to same low levels from where retracement started.
HAVELLS can be good candidate for short below 455 on Tuesday.
If market turns out weak on Tuesday then it will one of the high probable trade.
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
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Analysis of HAVELLSIt is looking good. We have good opportunity in either direction, we just need confirmation. If it breaks upper trend line wait for retest then go for trade. If it go down then may retest not happen, so look for volume then place trade.
Havells multi year support at 449Long at 449, Has multi year support and today's volume is decent. Should move up at least till 489 and easily up to 560-580
HAVELLS AT SUPPORT LEVEL CAN BE TAKEN FOR LONG ENTRYOn daily charts once again Havells @ 500 at the support level. So add the stock in watch-list & track the movement. If trades above 515 and tomorrow closing will be above 515, then surely buy for the target of 535 to 550.
HAVELLS Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
HAVELLS IMPORTANT LEVELSBuy Above 516 TGT 518/ 521
Sell below 482 TGT 480 / 477
Disclaimer : Trade at your own risk
Havell Up-Side
Havell Bullish
For interday sell 488 .. trg 480
buy 480-477 around
** Pls do not trade as it is only for analysis purpose
Elliot Wave Analysis HAVELLS SHORTHAVELLS Weekly Elliot Wave Analysis
In this blog, we are going to take a look at the Elliottwave chart of HAVELLS.
Based on the Weekly chart shown below, HAVELLS has ended the rally from 2000 low at 10 Rs to 808.35 high till 2019.
HAVELLS is still correcting the cycle. The correction is unfolding as a five three five sequence.
HAVELLS has not reached the 127.2% -161.8% extension at 424.85 - 382.75 odd levels.
I am showing this area with a red box.
The red box is the area where i expect the correction to end and buyers to appear for an extension higher.
SHORT VIEW NSE:HAVELLS
Havells Harami FormationHavells has made harami formation in the 1-day chart. targets will be 518 and 533
