Havells Breakout the cup & handle pattern which may have huge target
Havells has a breakout Today and may go further up in next 10-15 coming days. Buy Havells@1290-1300 SL 1230. Target open. Hold for next 10-15 days Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades...
setup open for both long n short. bur most probable it for short. if breaks below TL then we can go short n retracement #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
ON SHORTER TIME SCALE IF WE SEE IT SEEM THAT THERE IS A TREND REVERSEL IN THE STOCK AND IF WE SEE THE STOCK FOR SWING POSITION I THINK IT WILL GO UP YOU CAN CONSIDER A RISE OF AT LEAST 30 POINTS.
All the reasons for the trade have been explained in video. .....Happy trading.....
Havells may give channel breakout above 1090-1100.If it sustain above 1100 it should go 1140-1190-1230++
Forming a cup n handle pattern in day chart.
Hi traders I have posted havells analysis and mentioned all the thinks in charts as well
Any kind of reversal found in the demand zone can be a good buy with the mentioned levels are targets. Partial profits can be booked at targets. Strictly at reversal.
Selling zone 1059 to 1099.95 Stoploss 1108.15 Target 1 : 1010 Target 2 : 960
# NSE:HAVELLS Havells is trading at crucial level to breakout, immediate resistance is 1089-90 above this the next target would be 1233 and in case it fails to breakout through the immediate resistance @1090 then it may retest 1045 and if broken the 806. Analysis is just for learning purposes only .
Now HAVELLS ia at SELLER'S AREA SELLING ZONE 1059 to 1099.95 STOPLOSS 1108.15 T1 = 1009 T1 = 960
POSITIONAL INVESTMENT VIEW IN #HAVELLS BREAK OUT GIVEN AT 1050 NOW WAIT FOR RETEST BREAKOUT LEVLS FOR ENTRY AT 1050 BUY HAVELLS RANGE 1045 - 1050 STOP LOSS - 1010 CLBS TARGET - 1090 1120 1141 1162 118 1232 ++++
Dear trader, If u look at the chart of HAVELLS (analysis based intraday only) the HAVELLS Buy at 1040 and Target at 1065 Best Buy at 1035. Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade. Best Buy level might be executed or might not be executed. The chart clearly indicates Bullish Trend you can...
All levels are mentioned on chart. Happy Learning :)
Can show mad run once it breaks this line decisively. Same move was seen in IEX.
Testing support line -- incase if market trend is negative & breaks 1093 from current 1116 -- easy 70-100 points can be captured before any bounce. Add to watch list and trade accordingly.