Hello & Welcome to this analysis
It completed an Elliott 5 waves from May 2022 lows to Jan 2023 high.
Post that Wave A till Feb 2023 lows followed by a Wave B till this week's high.
Today's reversal appears to be Wave C down that could probably take it to 115-110 where it appears to have a support based on the consolidation it has had in that area in the...
Hello and welcome to this analysis
Havells has given a fresh breakout today after consolidating between 1290-1320.
It could rally till 1375/1425 as long as it does not break below 1310.
It has formed a Bullish Harmonic AB=CD in daily time frame along with double RSI bullish divergence. It could retrace till 235-240 as long as its above 218.
