Havells India is at very important support level - can see downtrend if it breaks support of 1110 - Lets see what happens next - Chart only for educational purpose - not an investment advice !!
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Will probably look to get out if it breaks 1100 !!
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More downside below 1095 - closed below 20 EMA 1132 - can touch 50 EMA - 1070 - Lower levels expected - 1105 - 1085 - Up Side resistance - 1140 - 1155 - 1192 - all technical indicators moving downwards.- need to keep a watch
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1035 looks like a decisive level and key support level - Be cautious if price close below 1112 on daily close basis. If price close above 1112 with good volume - 1135 will be achieved swiftly. Refer to levels above also.
P.S - not an investment advice. Just for learning purpose. Do not take any decision basis this. I am not any advisor. Just a learner.
P.S - not an investment advice. Just for learning purpose. Do not take any decision basis this. I am not any advisor. Just a learner.