Havells India Limited

HAVELLS, Fibonacci retracement complete. On verge of breakdown

4 004
HAVELLS did 61% retracement of its fall and took resistance at exactly 38.2%. Now it is coming to same low levels from where retracement started.
HAVELLS can be good candidate for short below 455 on Tuesday.

If market turns out weak on Tuesday then it will one of the high probable trade.

Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
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