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Havellsindia

Riding the Highs: Analysis of Havells' BreakthroughNSE:HAVELLS , a renowned player in the electrical equipment industry, has recently made waves in the stock market with its impressive performance. On February 27th, exactly two months ago, Havells broke out of its all-time high, surpassing strong previous resistance levels. This initial breakout was supported by robust trading volumes, indicating a strong buy-in from the market. 📊 Analysis All-Time High Breakout : Initially, Havells made a significant leap by breaking its all-time high, which had acted as a robust resistance in the past. Consolidation and Support : Following the breakout, the stock experienced a consolidation phase for about two months. During this period, it successfully tested the previous resistance, turned support, multiple times. Formation of a Rectangle Pattern : In the recent trading sessions, Havells has formed a rectangle pattern within this consolidation phase. This pattern typically indicates a continuation in the direction of the prior trend. Breakout with Volume : Just today, Havells broke out from the rectangle pattern and recorded a new all-time high, again accompanied by strong trading volumes. This suggests a renewal of investor interest and a potential upward trajectory. Trading Insights Given the recent breakout with considerable volume and the stock setting new highs, traders might consider this an opportune moment to look into initiating buy positions. Lastly, Thank you for your support, your likes & comments. Feel free to ask if you have questions. "In the waves of change, we find our true direction." Note : This analysis is purely for educational purposes and is not intended as a trading or investment recommendation, as I am not a SEBI registered Analyst.
NSE:HAVELLSLong
by AfnanTAjuddin
HAVELLS 1H TF LONGGave a decent breakout and consolidating in a triangle pattern. Can take LONG position once the trendline is broken by a strong 30 mins candle and also let it close. For shorting opportunities you should scalp as the trend is bullish . And also let the market cool down or let it establish a trend and take trades accordingly. Also, checkout my NIFTY50 Technical Analysis which I will be attaching to this idea , if you like my analysis please do follow me for more such trades and support.
NSE:HAVELLSLong
by pulagamsainandanreddy
Simple Trade Setup | HAVELLS | 15-11-2021 [INTRADAY]NSE:HAVELLS Observations: 1) On Daily time frame, It gave breakout of 1360 level and closed above it. But it faces resistance from 50DMA. One positive thing is that it is trading above 21DMA. 50DMA is placed at 1378.06 and 21DMA is palced at 1334.04 Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 15-11-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HAVELLS
by Trading_hawk
Simple Trade Setup | HAVELLS | 25-10-2021 [INTRADAY]NSE:HAVELLS Observations: 1) On daily time, it is stucked between 50DMA and 100DMA. Good thing is that it took support from 100DMA. On 22 Oct it made doji candle and also gave close above 1280 level which was earlier resistance and breakout level. If it maintain above 1280 level then this level will be now support level and we can see bounce back from this level. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see bullish divergence. As price is making alomst flat lows while RSI is making higher lows. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 25-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HAVELLS
by Trading_hawk
3
Havells - Wow, What a prediction - 14% move in just 3 days 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:HAVELLSLong
by PrakWorld_Traders
Havells - Doing Consolidation near ATH🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade Comments
NSE:HAVELLSLong
by PrakWorld_Traders
Simple Trade Setup | Havells | 10-08-2021NSE:HAVELLS On Daily time frame it has made rounding bottom pattern breakout. Please refer below chart. Tomorrow if it open minor gap up or flat and takes support from 1225 then it will be buy trade entry. And if it breaks the 1225 level then it will be sell trade entry. --------------------------------------------- Simple Trade is explained on 15min time frame and it is easy to understand. As far as it is taking support from Trendline-3 it will give bullish movement. Do comment your doubt or suggestion. All the best.
NSE:HAVELLSLong
by Trading_hawk
6