HAVELLS trade ideas
Havells run coming to abrupt halt?Havells has given a complete breakout. After quarterly results the run seems to be slowed down. Is it going from Pump up price phase to dump price phase ?
Havells chart = Poetry in motion.Daily and Weekly chart looks as strong as an ox! A trend followers dream chart. Just placed a 1200 Limit Order after an old friend, Rohin asked me to look at it.
rangeboundit has broken previous supply zone and taken support at demand zone
if it breaks from here big deal expected but as company is doing well it's going to be range bound between 1032-1119
if this level is sustained one can avoid this for intraday
Havells return to regression channel post result and budgetHavells return to regression channel post result and budget. 3 targets are possible. Uptrend should continue from T2/T3.
Havells uptrend End of Janhavells is showing clear rangebound movement, and is expected to show breakout from this trend and go above, by 21st jan, failing which there is a case for a short term retracement to lower end of the trend line.
Havells on PRZMultiple PRZ from 950 to 975
Fresh long only above 975 till then short candidate based on Reversal. (If we find reversal)
HAVELLSI'm not an expert I'm just sharing my views on HAVELLS for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
Havells - Intraday Trade SetupHavells CMP - 893.35
Looking bullish in higher time frame. One can go Intraday Trade setup with the following entry, exit & targets
Buy at or Above 900 / Stop Loss 892
Target 1 - 905
Target 2 - 910
Target 3 - 915
Disclaimer: This is my view and for educational purpose only.
HAVELLS analysis on a daily timeframeLong positions can be taken:
- 123 trend change confirmed above 621.60
- Strong RSI
- Above 200 periods moving average
Enter above 668 or let the price touch the trendline first and then look for a bullish candle.
Havells - Intraday Trade SetupHavells CMP - 827.45
Looking bearish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or Below 826 - 825 / Stop Loss 834
Target 1 - 822
Target 2 - 818
Target 3 - 813 / 808
Disclaimer: This is my view and for educational purpose only.
