Havells - Low Risk Idea
تم تحديثه
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.
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.
ملاحظة
CMP 1650 on 06.11.24 Morning.
looks like giving a reversal. Keep watching.
تم فتح الصفقة
CMP 1640. Sustaining within the range. Keep on watch.أغلقت الصفقة: تم الوصول للهدف
25.11.24
Reached 1725 in the morning. Crossed the first target of 1700.
ملاحظة
Crossed 1752.
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