Topic Statement:
Havells has corrected along with the broader market and is now approaching critical support levels that may determine its next move.
Key points:
1. The price is taking heavy support at the 38.2% retracement level at 1,476.
2. The stock is trading close to the 180-day moving average.
3. Weekly RSI is at 40, indicating the stock is nearing oversold territory.
4. If the support at 1,476 fails, the price may decline further to the 50% retracement level at 1,280.
Havells has corrected along with the broader market and is now approaching critical support levels that may determine its next move.
Key points:
1. The price is taking heavy support at the 38.2% retracement level at 1,476.
2. The stock is trading close to the 180-day moving average.
3. Weekly RSI is at 40, indicating the stock is nearing oversold territory.
4. If the support at 1,476 fails, the price may decline further to the 50% retracement level at 1,280.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.