HAVELLS Fut broke out of ascending triangl on an hourly chart with decrease in OI suggesting short covering.
Could be bought with mentioned stoploss & target,
Not to b missed breakout with very bullish R:R
HAVELLS Fut is trading inside range & made triangle pattern pattern within the range & is on the verge of breaking out of triangle pattern made inside range on an hourly chart with decrease in OI suggesting futher short covering.
Could be bought with stoploss of 1240 & target of 1300.
Also, can add more above range breakout of 1280-1285.
HAVELLS fut broke above descending triangle pattern on an hourly charts with increase in OI suggesting long build up.
Very good trade as per Risk:Reward Ratio.
Not to be missed breakout.
Could be bought with mentioned stoploss & target.
Havells Fut made rounding bottom formation on WEEKLY tf with good OI build up.
Not to be missed breakout with good risk:reward.
Could be bought with mentioned stoploss & target.
Classic charts for medium term investment with very little stoploss of 1160,for short-term stoploss 1199,ones we cross this resistance we can see very sharp move till ath, risk to reward ratio very good
Havells has been in downtrend for a while with some little success to take it higher. Every rally has been having selling pressure with each rising rally and is being under tremendous pressure. But it seems sellers and short sellers are not in mood to take it further down and are about to start short covering. Bulls have been waiting for other operators to start...
- Rectangle pattern is forming a bounce for the stock support.
-Stock break and sustain above 1010 Next level to 1035/1080 levels .
-Support is near 970 level on chart.
Its repeatedly failed to break the upper level.
Now its broke the support level 820.
So its may be a opportunity for selling.
TGT may be 800/793/780
SL 831
Disclaimer: Ideas for learning Only.
Learn Regularly. NOT Occasionally.
