HAVELLS INDIA LTD
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Havells - Low Risk Idea

CMP 1614 on 05.11.24
The chart is self-explanatory. Since 2021, the blue-colored parallel channel has been turned into a support ( if works like ). If the price bounces back from the support, may go into a bullish phase. targets may be 1700/1800/1900.
MACD histogram also shows some reversal.
The setup goes weak if sustains below 1550.
Keep your position size according to the stop loss and your trading strategy.
All this illustration is my own view, only for learning and sharing purposes, not a trading recommendation in any form.
All the best.
Заметка
CMP 1650 on 06.11.24 Morning.
looks like giving a reversal. Keep watching.
Сделка активна
CMP 1640. Sustaining within the range. Keep on watch.
Сделка закрыта: достигнута тейк-профит цена
25.11.24
Reached 1725 in the morning. Crossed the first target of 1700.
Заметка
Crossed 1752.

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