NSE:HAVELLS Setup for range trading Two trades each with 7% gains. Duration: 2-3 months each *Not a financial advice. My charts speaks louder than words. I'm a chartist and I paint charts.
The idea here is about Havells India: The company is engaged in the business of Switchgears, Cable and Wires, Lighting and Fixtures, Electrical Consumable Durables. 1. Engulfing candlestick formation on a weekly chart at the time of publishing. 2. Neckline broken on Double bottom pattern with good volume & may retest the neckline. 3. Downtrend Channel broken &...
HAVELLS traded in one range in second half. its very important price action levels. wait for breakout or breakdown and follow trend. Entry exit will be decided based on tomorrow opening Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before...
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Havells India 30min chart forming a possible Descending Triangle 10 Oct 2021. Lookout for breakout.