MAY BEARISH GARTLEY FORM ON HAVELLS ?FOLLOWING POINT,
1). BEARISH GARTLEY MAY FORM ON HAVELLS IF IT CLOSES ABOVE 585 ON DAILY CHART .THEN IT'S TARGET 610 .
2). AND AFTER REACHING 610 , IT WILL BE DOWNWARD
HAVELLS trade ideas
Havells Long above 564 Target Open -Support 551 and 540 Havells Long above 564 Target Open -Support 551 and 540.. Most likely markets will open gap down so look at support levels to add and keep strict stop loss.
Slight Cup handle formation also noticed.
Havells Sell Limit 545/- will be an interesting prospect NSE:HAVELLS Sell Limit 545/- will be an interesting prospect comes with nice RR , upside showing weakness .
HAVELLS: Long above 489 and Short below 460In hourly frame, it is near the trendline. Let's wait for conformation.
Havells , For the investment !!! right choice ?In the long run it has given good money , currently structure is highly bearish on monthly basis too , with breaking bullish trendline (monthly) , last support taken was near 450-460 , in this bearish possible to see 350 zone , so wait to add in portfolio !
#stayinsidehome be safe !!
Positive RSI divergence and 200 week dema support!if you want to play recovery it is good counter.
buy cmp or near 595-598
Strict sl:584
target:618/636/648/664
strategy:
buy 1 lot 600 ce and sell 1 lot 650 ce
max loss:18000 (if expiry is 600)
max profit:31700 (if expiry is near 650)
INTRADAY LONG OR SHORT?If SUSTAINS ABOVE 640 LONG @ 641 FOR TGTS OF 645-49-52-55 AND IN CASE CRACKS BELOW 630 SHORT FOR TGTS OF 625-22-19
Havells has some business left at 650.Havells looks strong in fall. Should touch 650 with little bounce in nifty.
Does Havells Have it...?After a sharp correction, Havells has recovered to form a W on the daily timeframe. A look at volumes indicate that the counter has been attracting buying interest at lower levels as is evident from above average volumes. On 18th Feb, there was a perfect reversal candle followed by a strong green candle confirming a reversal. Presently, the stock is at a trendline resistance. If it sustains above that, the stock is in for a good upmove. Market Facilitation Index is also indicating a reversal and a confirmation pattern has formed. Gann square levels to be used for identifying levels to keep SL and to trail SL
