Havells India: reversal stockHavells India is a potential reversal stock. Keep it on your radar!!!!!
HAVELLS trade ideas
Havells Havells looks good on weekly chart in which it is taking support at trendline now it can show some gain for short term
Havells Forming Head and Shoulder patternHavells is at good levels and forming Head and Shoulder pattern. While taking trade do your own analysis to get most out of it.
Havells one day chart traders this is the chart of havells for me strong resistance is 1274 and support is not defined but we can consider trendline as support
Havells one day chart havells one day chart looks bullish it test multiple times its supoort zone now it can go up but now it will be late entry as we have miss it
HAVELLS, RANGE BREAKOUT!!we could see in further few days to increase volume and give a range breakout. havells is a great company.
the major black line is the actual trend the stock should follow.
currently its undervalued.
great for swing trades.
one can take a target till 1420.
HAVELLSHavells made double bottom pattern on broke above previous swing high with good volumes.
Could be bought with mentioned stoploss & target.
HAVELLSGo long in Havells India As You Can Clearly See in The Above Chart That After Giving A Nice Breakout Havells India Has Again Taken Support From Its Breakout Level And After Couple Of Days Havells is Going To Post Its Q2 Result Which is High Probably Excellet As Diwali Is Coming And Havells Has The Dominant Market Share In The Elctric And Electronic Market So Go Agressive Bullish Buy Stock or Option As Much As You Can.
Trade At Your Own Risk Its Just My View What I Believe .
Havells India Double bottom BreakoutThe 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 & retested the breakout.
4. Trading way above 20 & 200 EMA.
5. Kumo Breakout, Tenken-Sen price cross & Kijun-Sen price cross on a weekly chart is Strong for an upward momentum.
6. RSI is at 63.51 on a weekly Chart at the time of publishing.
7. MACD Way above signal line on weekly chart.
8. Hull Moving Average is a Buy Signal on Weekly & monthly chart and sell on daily which indicates the retest of neckline retest.
9. Enter long or wait for retest of neckline support. In, any case keep a price alert.
Projected targets as per double bottom & Downtrend channel provided in the chart.
Stop Loss: provided in chart.
Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So please do your own DD (Due Diligence) before any kind of investment”.
Do you like my TA & ideas!!
Want to keep yourself updated with current market action? Then don’t forget boost & to subscribe for more analysis. Do leave your valuable feedback & comments for any improvisations.
Cheers.
HAVELLS - harmonicsHAVELLS - Butterfly Harmonic pattern
The butterfly harmonic pattern has posed a target near 1520 levels.
One can go long with a SL of Point B.
Wouldn't suggest options here, since the time frame used is Weekly. One can go long in futures with a strict SL of point B.
HAVELLShavells made & broke out of triangle pattern on smaller time frame with good volumes.
Could be bought with mentioned stoploss & targets for 1-2 sessions as its on 15 mins chart breakout.
Buy for sure. (moderate risk reward ratio)Buy @mkt price say 1287Rs
SL: below 1252 Support line say 1240Rs
Target : 1415Rs
Risk to reward Ratio = 2.7
Note: W pattern formed indicating reversal of trend. So previous down trend broken and up trend has begun. So the stock for sure will rise. Also the resistance line broken and hence it will act as support line in worst case. Good stock to book profit.
Only risky points are (NIFTY and SENSEX are in down trend beginning and immediate no candle stick patterns to indicate uprising.
Havells India_Short termHavells india
inverted head and shoulder pattern
The retest of pattern seems to be done
views are welcome
Inverse head and shoulder pattern broken out of trendlineInverse head and shoulder pattern broken out of trendline and sustained above resistance..
HAVELLSHello 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.
Havells breaking out for 1500Havells is on the verge of breakout of Lower Low Lower High Trend as well as the Down trendline. CMP 1289 . in case price comes down then averaging can be done till 1190 which is strict stoploss as well with strict stoploss of 1500
BuyPrice Discounts everything.
Event
Performance
Emotions
When Market React than always hope and unknown information
So keep Stoploss tight and let your profit run
Havells india - positional long ideaStock made inverse head and shoulder pattern. Stock is outperforming Nifty. Technical pattern target is 1485. Stop loss for this trade will be 1207 on a daily closing basis.
HAVELLS INDIA LOOKING GOOD FOR SWING Breakout above 1280 ,and price sustain then
1st Target 1346
2nd Target 1418
HAVELLS HAVELLS - Absorption of supply inside the cup accompanied by mean reversion
entry - above 1150 (daily close)
SL - 1100
Targets - 1175 / 1220
Long Term and short Term ChannelsWhile the stock seems to be intact with its long term channel. Its forming a new channel within the long term channel
Current levels may offer good risk reward ratio
Disc : Not a recommendation & not holding
