HAVELLSNSE:HAVELLS
IT IS OSCILLATING NEAR THE LEVELS OF 570 FROM WHERE IT CHANGES TREND.
LEVELS HAVE BEEN MARKED WITH CRITICAL LEVELS OF 570 SO PLAY ACCORDINGLY FOR UP SIDE OR DOWNSIDE
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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HAVELLS trade ideas
Havells - On trend line supportIt will most probably move upward because the stock is in support zone. I feel this support is strong because the stock has consolidated in this zone for quite a while now.
LIC has increased its stake in Havells but a decrease in FPIs is a slightly negative thing. But overall I feel it's bullish trend hencforth.
HAVELLS NSE:HAVELLS
It was been able to clear the highlighted cluster after a month, it can be good buy with a stop loss of 590 for a target of 597, 603 and 605.
If it does sustain above 605, prepare for 618
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
HAVELLS NSE:HAVELLS
It can be a sell below 569 for the stated targets on the charts 560, 551, 538
Any bullish position maybe taken once it takes 590 on the upside decisively
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
Short HavellsShort havells on basis of
1. Trading near previous structure
2. Being rejected at the top on same levels
3. Negative Divergence on higher high Price action.
4. 1.13 Fibonacci Confluence for shark harmonic pattern BC Completion leg.
Stop as mentioned in the chart.
Target can be kept open one can exit at their comfortable price with atleast risk to reward ratio of 1:1