Havells India Limited
Panjang
Telah dikemas kini

[Positional] HAVELLS Double Bottom Breakout

425
Havells has formed a nice double bottom.Today it has come out of Double bottom pattern also it has broken the resistance zone- so higher levels are expected going forward.

The length of bottom is quite high - and it exceeds the ATH of HAVELLS if projected upwards - so our R:R will be low in this case.

Entry - 1348-1350
Target - 1486
SL - 1200

Though R:R is very low - Probability of profit is high.
Dagangan aktif
Dagangan aktif
Trade had went to the negative territory but it did not reached SL and turned positive later

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.