Havells double top pattern

٧ مايو ٢٠٢٠

This is just for study purpose , trade according to your own study

Havells is showing double top pattern and if you observe closely you will see Wolfe wave pattern also.
Both denotes that it should go down to the mentioned target and beyond.

Let’s check the market tomorrow.

٧ مايو ٢٠٢٠

ملاحظة

It might bounce back from Rs 470 level as it is a strong support point

٨ مايو ٢٠٢٠

ملاحظة

If Neckline breaks with high volume, then it’s good sign.