FUTURE :
“BULLISH
HAVELLS ABOVE 320 TGT 330/340”
“BEARISH HAVELLS
BELOW 305 TGT 290/280”
WEEKLY CHAT FOR HAVELLS
Primary
trend of the stock is bullish and is consolidating at the higher level after
showing correction. It is expected to continue the bull run with the crossing
of the resistance level of 322, as the stock is sustaining above its 200 and 50
days moving averages. One may initiate the long position above the mentioned
level for the targets of 345 and with the strict stop loss of 295.
DAILY & WEEKLY SUPPORT AND
RESISTANCE FOR HAVELLS:
HAVELLS levels generated
based on 2016-01-02 data for the next trading day.
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
levels
|
331
|
328
|
326
|
325
|
323
|
322
|
321
|
320
|
318
|
317
|
314
|
Weekly
|
R4
|
R3
|
R2
|
R1
|
REV
|
BULL
|
LOC
|
BEAR
|
REV
|
S1
|
S2
|
S3
|
S4
|
Levels
|
321
|
318
|
312
|
308
|
304
|
302
|
301
|
300
|
299
|
294
|
291
|
287
|
285
|
No comments:
Post a Comment