HAVELLS - AT MAJOR RESISTANCE

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The stock has had a very good rally.

Now it is above the previous swing high but below the major swing high ( which the previous high couldn't reach to ) that occurred in October last year which is a major barrier for it to move higher.

Watch how it behaves from here and trade accordingly.

We need to identify setups before the moves happen.
Anmerkung
23 March : Very close to the action line. Forms a doji.
Anmerkung
Full down candle today till now .

Entering short at 445.
SL - 448
Anmerkung
Earlier trade SL of 3 Rs got hit.

Now, forming a flag, looks like long.
Anmerkung
Long it is. Broke out, 2.33% up.
HAVELLS

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