This is my analysis on Havells giving Break out In Daily Timeframe . Price is above 9,20,50,100, EMA The stock has made multiple attempts to break the trendline, and BO with increasing volume and also making lower Highs and Higher lows.
this is just a thought / idea for the trade and not a recommendation or call. please do your due research and place your orders according to your risk appetite.
Trade closed: target reached
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Trailing for next target
Trade active
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Trailing for next target. Can trail your stop loss at cost or according to your analysis
The stock has made a Doji candle after retesting the trendline. The trendline has been retested and respected by the price, a positive momentum in overall market would lift the price towards our target and we can book a decent gains. the volumes has been decently good. please do your own analysis before taking the trade as this is not an recommendation or a trade call, this is just an trade idea after a simple price action trade analysis.
harshith67
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The stock is moving slowly towards the target with HH HLs, a good sentiment in the market will pop the price up. Patience is the key. Lets wait. it must either HIT the TGT or the STOPLOSS