HAVELLS trade ideas
TRIANGLE PATTERN IN HAVELLSGood move possible above 1220 with swing tgt 1260-65.
just for educational purpose.
Havells looks really good for a long trade summer is coming...We all know that from next month summer is coming and the companies like havells is dominating the indian market in the sales of fans, AC.. and other electrical equipment.
havells looks really good on the chart it bounced from the daily demand but hit the stoploss and now it is trying to cross the trendline liquidity from the demand bounce looks good on the chart so my view is to go long on this.
intradaytake entry after 10 am
wait for the entry . important zones are marked
follow risk management and control your emotions
On a long term trendlineHAVELLS is near a 18 year old trend line on a monthly char and on a log chart. Overall it has been consolidating in the range of 980-1275 for 2 years. Hence when it breaks or bounces from trendline, both will start a new strong trend.
Symmetrical triangle pattern reversal in HAVELLSHAVELLS
Key highlights: 💡⚡
✅On 1W Time Frame Stock Showing Reversal of Symmetrical triangle Pattern.
✅ It can give movement upto the Reversal target of above 1340+.
✅ Can Go Short in this stock by placing stop loss Above 1080 or last swing low.
Falling wedge pattern reversal in HAVELLSHAVELLS
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
📊 It can give movement upto the Reversal target of above 1235+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1400+
HAVELLS LONGHAVELLS LTD is looking strong upside.
You can go for it after doing your own analysis.
entry price target and stop loss has been updated in the chart.
ReReversal Trade
Positional Trade in Emami trend. Just my analysis for my trade.No recommendation. Looking to buy Emami for 1:4 TRADE.
HAVELLS INDIA idea for intradayIntraday Trade
if HAVELLS INDIA breaks 1244 or closes 5 min candle then buy T1-1255/1260
If breaks below 1229 then sell for T1-1220/1210
Havells India Cmp 1270 dated 12-10-2022 HAMMER CANDLEHavells India Cmp 1270 dated 12-10-2022
Swing Trade
1. Hammer Candle @ support
Buy above 1286 for target 1310-1330-1350-1365
1375-1390-1405 SL 1245
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
HavellsHavells is forming inverse head and shoulder pattern after the fall. This may be good oppurtunity for near term upside move
After 1429 , if it is a good break out , It will reach....After 1429 , if it is a good break out , It will reach first target 1478
Reason to choose the company
Debt is low .
Mutual funds are increasing their holding .
May be in a month , the break out may happen.
Havells is different !!Havells has broken out of a flag with pattern after taking support from the 50ema, Although markets are bearish right now, nifty rests on its 200ema and we may see a bounce back throughout these bearish days where most stocks broke structure and fell sharply, havells maintained and consolidated on
its moving average showing strength
Target: Flags High
