HAVELLS BROKE OUT WITH GOOD VOLUME
Havells broke out with good volume today.
The resistance of level 586 should act as support if market supports it.
You should exit your position once scrip closes below 586.
The target levels have been mentioned clearly in the chart above.
Thus, from current price if there is loss then it would be ~2% (597-586 / 586)
and targets are 8.9%, 11.01%, 15.97%, 21% .
Keeping in mind the risk reward ratio the current levels are favorable and attractive.
***views are my own***please take your decisions accordingly***
The resistance of level 586 should act as support if market supports it.
You should exit your position once scrip closes below 586.
The target levels have been mentioned clearly in the chart above.
Thus, from current price if there is loss then it would be ~2% (597-586 / 586)
and targets are 8.9%, 11.01%, 15.97%, 21% .
Keeping in mind the risk reward ratio the current levels are favorable and attractive.
***views are my own***please take your decisions accordingly***
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.