NSE:HAVELLS Time to SIP Havells for long term at a bargain
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
NSE:HAVELLS Time to SIP Havells for long term
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Closing Range - 19512/19735
Extended range - 19429/19818
Strong resistances of 20 & 50 DMA in 19623-19659. Unless there is a gap up, Nifty will struggle to go past 19660. For any meaningful upward movement, 19700 should go past on hourly chart. Volumes were decent Nifty formed a near Inverted hammer. Downside support is there at 19500 & 19430 for now. Be cautious...
-Weekly Timeframe is bullish
-Daily Timeframe and 4HR has tested it's structure
-50 ema is near the base as a confluence
-Stock is within 10% range of the all time high
📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Broadning Pattern
📌 Symbol/Asset: HAVEELS
🔍 Description: Stock is in a broadning pattern and now making pennant pattern. Below small support we might see donwside till big support area.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just...
Hello Traders & Investors,
I have brought another analysis on Symmetrical triangle pattern breakout. Well this almost similar to Triangle pattern, but in this lower band trendline act upward sloping support in security. Same we have seen in Havells. Well there is higher Chances that we can see huge momentum in coming few weeks. So let's go, i will explain a bit...
Hello Traders,
Sharing this weekly chart of Havells India, where a symmetrical triangle breakout was confirmed on 23-05-2023 & after that a 13-week consolidation happened whose breakout & retest are being done.
SL Price:
Below 1230
Targets:
1-1900
2-2090
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
Havells is coming out of channel and have done retest,should move to T1 1480 easily,if its going to cross 1505 with good volume we can see ATH ,provided the market in favour.
Havells India Long indications
Breaking out on the up after formation of long term triangle pattern. Volume needed to break on the up with near levels of 1502-1575-1638-1734
and with the base levels of 1270-1190 if doesn't sustain and based on broad market overall sentiment. Hoping to see it in the blue sky zone of market sustains and script has good volumes.
No...
Hi Traders...
Please refer to chart of Union Bank of India
Observation:-
-Trendline Support
-Multi Time frame breakout
CMP 1409
Levels - 4-6%
SL - 1385
Disclaimer:- I'm not a SEBI certified analysist. The information given by me, just for educational purpose, I'm not advising to Buy or sell of any stock.
PATTERN- Havells has stayed in consolidation for long time and the stock moves in a range bound setup moreover this time it has broken 2 crucial resistance which were at 1398 and 1430 and now is heading to breach lifetime high
