Havells seems to have formed double top
1. RSI negative Diversion
2. MACD Negative Diversion
3. Price moving on lower Bollinger bands
4. RSI near 40 once crosses below 40 downfall can be fast
Short on Rise with SL above 1300 for a target of 1120 - 1182
Disclaimer: I am not an expert, I just share interesting charts here. Please seek expert opinion before taking any trade and investment, Because investment/ trading in market is subject to market risks. I am not holding any position in this stock however I can look for one as per my own risk reward. This is just a hypothesis for my study and is in no way a recommendation to trade.
1. RSI negative Diversion
2. MACD Negative Diversion
3. Price moving on lower Bollinger bands
4. RSI near 40 once crosses below 40 downfall can be fast
Short on Rise with SL above 1300 for a target of 1120 - 1182
Disclaimer: I am not an expert, I just share interesting charts here. Please seek expert opinion before taking any trade and investment, Because investment/ trading in market is subject to market risks. I am not holding any position in this stock however I can look for one as per my own risk reward. This is just a hypothesis for my study and is in no way a recommendation to trade.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.