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Havellsltd

Havells: ABC Correction Complete… Is the Big Wave 5 Rally Next? 🧠 Market Structure & Elliott Wave Context Havells India has completed a classic corrective Wave 4 (A–B–C) and is now trading inside the most important Wave C completion zone (₹1,391–₹1,412). This zone aligns with the extended structure of Wave 4 and represents a high-probability reversal area 🔥. Price has: Formed a clean impulsive Wave 3 top Retraced into a wide Wave 4 demand zone Completed the A → B → C corrective pattern Retested liquidity pockets multiple times — indicating seller exhaustion This is exactly where Wave 5 rallies often begin 📈. 📚 Educational Insights 📘 Why Wave 4 Takes Longer & Looks Messy: Wave 4 is naturally slow, overlapping, and tricky — designed to trap impatient traders. That’s why identifying the end of Wave 4 can create a strong risk–reward setup. 📉 The ABC Structure (Textbook Correction): • Wave A = first drop • Wave B = retracement • Wave C = final flush Havells completed all three waves clearly inside the demand zone. 🎯 Fib-Based Completion Zone (1,391–1,412): This range aligns with the correction depth expected for Wave 4 (38.2%–50% retracement of Wave 3). It’s also previous structure support → increasing reversal probability. 🌀 Wave 5 Logic: Wave 5 tends to be trend-resuming and often extends to 0.618–1.0 Fibonacci extensions of Wave 4. Targets on the chart align with this perfectly. 🎯 Upside Prediction & Wave 5 Targets If Havells reverses from the zone and breaks structure: 🚀 First Swing Target: ₹1,744 (At 0.50 Fibonacci retracement of Wave 4) 🚀 Second Target: ₹1,950 🚀 Mid to Long-Term Target: ₹2,200+ (Wave 5 extended projection) 🛑 Stop Loss (Daily Close): ₹1,375 A close below this invalidates Wave 4 structure & ABC completion. 📈 Risk–Reward Calculation Entry Zone: ₹1,391–₹1,412 SL: ₹1,375 Target 1: ₹1,744 👉 Approx Reward = ₹330 👉 Approx Risk = ₹20–₹30 🔥 Risk–Reward Ratio = 1 : 10 to 1 : 15 (One of the strongest R:R setups based on wave structure) 💡 Trading Strategy (Educational Only) 🟢 Entry Strategy: Wait for bullish reversal candles (Hammer / Engulfing / ChoCH) inside ₹1,391–₹1,412. Aggressive traders may enter on positive momentum candles. 📈 Confirmation Strategy: A close above ₹1,568–₹1,600 strengthens Wave 5 activation. 🎯 Targets: • Partial at ₹1,744 • Hold remaining for ₹1,950 and ₹2,200 ⚖️ Risk Management: • Hard SL: ₹1,375 • Risk max 1–2% of capital • Trail SL as price makes higher lows 🧩 Summary Havells is sitting right inside a high-probability Wave 4 completion zone, with the full A–B–C correction now complete. If structure confirms bullish, a powerful Wave 5 rally targeting ₹1,744 → ₹1,950 → ₹2,200 could unfold. This setup offers exceptional risk–reward and aligns seamlessly with Elliott Wave theory ⚡. ⚠️ Disclaimer Not a SEBI-registered analyst. This analysis is for educational purposes only, not investment advice.
NSE:HAVELLSLong
by LiveTradingBox
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 | 17-12-2021 [ INTRADAY ]NSE:HAVELLS Observations: 1) On 1day time frame, it just closed at 50DMA. And it is trading above 100DMA. 50DMA is placed at 1359.32 and 100DMA is placed at 1334.07 level. We can say that 1335 level range will work as support. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 17-12-2021 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
HAVELLS LONGI hope you can now see how HAVELLS represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:HAVELLSLong
by EntryandExit
Havells ShortI hope you can now see how Havells represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:HAVELLSShort
by EntryandExit
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
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