HAVELLS trade ideas
Go Long on Havells India Ltd#positional #Investment
Buy Havells India Ltd
Cmp ₹750
Tgt ₹765/790/819
SL ₹710
Can Be Trailed to ₹680
Havells ShortHavells is at important resistance level.
It has been in a channel for quite sometime now, but the channel hasn't been able to claim any momentum. ADX<20
Price action is showing signs of some exhaustion.
Short at the break of pattern.
Wait for confirmation.
Havells Havells is looking good to test its target of 780/800 range in coming days.
Do share you comments and opinion in the section below.
All the best!
HAVELLS - CUP AND CHEAT PATTERN#HAVELLS
CMP 713
Buy above 730
Stop 675
Logic : Trend template + Cup and cheat pattern
Ready for its consolidation, SHORT IF NOT CROSSED 721 TODAYHavells, Such a gem, is ready for its consolidation, because
Verge of its Symmetrical triangle breakout towards down side, supported by its movement below its 20 EMA and travelling towards 200 EMA.
If the market didn't close above 721 today, there will be some sell off towards the levels mentioned ,
can come up to 658.
#HAVELLSBullish Wedge
Gapup
#BoxBO
Reversal Confirmation
Momentum on all time frames
TGC Alignement on all time frames
Supported by strength candles
Target 589 / 635
SL 520
Duration 3 Weeks
Short - SL 491- once breaking the channel huge down possible Short - SL 491- once breaking the channel huge down possible
havells theta decay setuptheta decay idea with a Support and resistance setup
as there is lot of resistance at 520 for havells so in this trade setup we short 530ce@ 4.20
havells theta decay setuptheta decay idea with a Support and resistance setup
as there is lot of resistance at 520 for havells so in this trade setup we short 530ce@ 4.20 with no major news in offing.
HAVELLS is set to electrify upwards with a momentumHavells at Rs 442 has crossed MAs and is attempting to thrust upwards the previous two tops.
Next resistance level appears to be Rs 480 for short term and Rs 530 for medium term.
Buy and book profits accordingly and keep some in your portfolio.
Fundamentally, it is growing with a wide range of products and with acquisition of Lloyds, is soon embarking upon domestic Air Conditioning units too.
Stoploss may be kept at Rs 419.
Havells India ABCD PatternHAVELLS IND 1 Hr Chart: ABCD Pattern completed & Testing 161.8 Extension Level. Next Possible support @ 387/375.
