After recent price fall, a Doji appeared in Havells which indicates a temporary pause in the rally. This Doji with high volume indicates the trend reversal. It is evident from the charts that Havells is trading in a channel pattern. Trade can be initiated as per the plan.
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Stock Ticker – NSE: HAVELLS – Havells India Ltd. – CONSUMER GOODS
Bullish Trade plan:
Entry Level 727.80 Target 741.95 Stoploss 713.50
Analyst Rating – :5/5
View Posted on 2019-05-17
Hi Lakshminarayana sir, Nice finding. I think it is a Hammer, not DOJI.
Hi P.P.Lakshminarayana and MOHAN KUMAR R
EVEN I THINK ITS A HAMMER BECAUSE A DOJI LOOKS LIKE THIS