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HAVELLS

HAVELLS : Idea for Future/Options TradeHAVELLS INDIA LTD (HAVELLS): Potential Bullish Reversal 🚀 Price Action Overview: Current price: ₹1,708.25 , hovering near a critical demand zone between ₹1,700.30–₹1,708.25 . Previous swing low highlights strong buying interest in this region, where prices have historically reversed. Consolidation observed within the retracement zone, indicating potential for a bullish reversal. Key Levels: Demand Zone: ₹1,700.30–₹1,708.25 A critical area where buyers are likely to step in. Price action in this zone will determine the trade direction. Stop Loss: ₹1,692.10 (Hourly close below invalidates the demand zone). First Target Zone: ₹1,799–₹1,816 (Resistance area likely to trigger profit booking). Trading Strategy: Entry Plan: Look for bullish confirmation patterns such as a bullish engulfing candlestick or hammer near ₹1,700.30–₹1,708.25 . Stop Loss: Place a stop loss at ₹1,692.10 to limit downside risk. Profit Target: First target: ₹1,799–₹1,816 , offering a strong risk-reward ratio. Risk Management Tips: Avoid chasing prices; wait for stabilization within the demand zone. Stick to predefined stop-loss levels and never risk more than 2% of your capital on a single trade. Monitor broader market sentiment, as sector performance can influence price action. Potential Risks: A breach below ₹1,692.10 could lead to deeper retracement or continuation of the downtrend. Market-wide trends or adverse sectoral news may impact the stock's movement. Disclaimer: This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please perform your own research or consult with a financial advisor before making trading decisions. #HAVELLS #StockTrading #TechnicalAnalysis #DemandZone #SwingTrading #MarketInsights
NSE:HAVELLSLong
by LiveTradingBox
SWING IDEA - HAVELLS INDIAHavells India , a leading electrical equipment company, is presenting a promising swing trade opportunity. Reasons are listed below : Breakthrough of Resistance Zone : The 1450-1500 zone has historically been a strong resistance area. The price has broken through, retested, and is now again breaking previous higher highs, indicating a potential upward momentum. Bullish Marubozu Candle on Weekly Timeframe : A Marubozu candle, which lacks upper and lower shadows, shows strong bullish sentiment, suggesting continued buying pressure. Breaking a Long Consolidation Phase : Havells India has emerged from a consolidation phase that lasted over 2.5 years, indicating a potential bullish trend ahead. Trading Above Key Moving Averages : The stock is trading above the 50 and 200 exponential moving averages on the weekly timeframe. This is a strong indication of a prevailing upward trend. Higher Highs : The stock is forming higher highs, suggesting that it is in a consistent uptrend and may continue to climb. Trading at All-Time High : While this indicates a bullish outlook, it is important to monitor the price action for any signs of exhaustion or potential pullbacks. Target - 1900 // 2100 Stoploss - weekly close below 1450 Disclaimer : Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:HAVELLSLong
by Visionary_Growth_Insights
A good place to enter Havells.Once again i have tried my best to make the chart self explanatory so that i do not write boring paragraphs about it which i am sure no one wants to read(:P). The stock is making a fresh move and can reach 1700 mark going into 2024-2025. For a short term trade too, the stock wouldn't be a bad bet since it offers favorable risk reward from current levels. Note*- This chart is for educational purpose only. Kindly do your own research/analysis before taking any financial positions.
NSE:HAVELLSLong
by neeraj_2_sharma
8
HAVELLS: Odds Favoring All-Time Highs Greetings, my friends! Havells has been forming a series of support levels and breaking through resistance barriers. A rising trendline curve is clearly visible on the weekly chart, suggesting robust momentum ahead, provided the price remains above this curve. This presents opportunities for both swing traders aiming for a specific target and investors seeking long-term gains. Furthermore, Havells is poised to reach new all-time highs once it breaches the 1504.45 level. Please give a boost and comment if you find the analysis helpful and consider following for more. Any Request, suggestions or advice are warmly welcomed. Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
NSE:HAVELLSLong
by Kaushik_Karnale
2
#HAVELLS 1319 Tgt 1465 Buy - Rachit SethiaHAVELLS CMP 1319 TGT 1465++ SL 1280 Return ~ 12% TF 6months RR ~3.8 NSE:HAVELLS #HAVELLS Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:HAVELLSLong
by Rachit_Sethia
5
HAVELLS TRENDLINE BREAKOUT !!! The price following descending trendline resistance from a very long time. Whenever the price reaches near the trendline price taking resistance and slopes down. Now finally price breaks the trendline and closes above the trendline with good breakout candle. Price can retest the level of 1200 after breakout and than go up towards the upper targets. Above the level of 1245 price will show good strength and potential towards upside. HAVELLS 📊 👉 Trendline Breakout👍 👉Strong Closing✅ 👉Bullish Structure 👉More Strength above 1245+ 👉Support ---1185 👉Keep on radar✅👍
NSE:HAVELLSLong
by Jha_Nidhi