Havells India Ltd. (NSE: HAVELLS) - Daily Chart Analysis
This chart highlights a trading setup for Havells India Ltd. on the NSE, focusing on the daily time frame.
Key Levels:
Entry Price: ₹1,896.35
Stop Loss: ₹2,012.75
Target: ₹1,881.25
Analysis:
The price is currently hovering near ₹1,896.35, with a short position plotted.
The target is set near the recent support level, with a stop loss just above the recent highs.
The chart does not include additional indicators, focusing purely on price action.
Trade Consideration:
This setup suggests a cautious bearish outlook, possibly expecting a pullback from the current levels. The risk/reward ratio appears conservative, with a tight profit target and a relatively wide stop loss, which may reflect anticipation of market volatility.
Key Levels:
Entry Price: ₹1,896.35
Stop Loss: ₹2,012.75
Target: ₹1,881.25
Analysis:
The price is currently hovering near ₹1,896.35, with a short position plotted.
The target is set near the recent support level, with a stop loss just above the recent highs.
The chart does not include additional indicators, focusing purely on price action.
Trade Consideration:
This setup suggests a cautious bearish outlook, possibly expecting a pullback from the current levels. The risk/reward ratio appears conservative, with a tight profit target and a relatively wide stop loss, which may reflect anticipation of market volatility.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.