HAVELLS trade ideas
VIEW ON HAVELLSGood chart
Can show higher levels
Target 1960/1980
Stop loss 1885
I am just representing my views
For educational purpose only.
havells india is getting ready for blasthavells india after a goodrunup, taking halt and after this consolidation it will shoot up just like rocket.
Swing Trade @ Havells.Currently Havells trading @ Area of Value with potential buying of upside.
Stock closed positive with Bullish Engulfing candle @ support, which is giving good buying opportunity in options July _2024.
See chart for more Info.Happy trading!! Only for educational purpose 📄
HAVELLS MAKING CUP AND HANDLEPATTERN- Havells has stayed in consolidation for long time and the stock moves in a range bound setup moreover this time it has broken 2 crucial resistance which were at 1398 and 1430 and now is heading to breach lifetime high
HAVELLSBased on price moving and Ema
positions Up move possibility is higher
This is only for educational purposes.
HAVELLS!! The new Wellness Stock.Good setup.
Came out of 2.5 years consolidation period.
Breakout and Retest also done.
Fundamentals are also good.
Looks like its ready to fly.
HAVELLS- Medium Term Investment pickNifty 500 stock - HAVELLS
1. Trendline Resistance BO with strong master bullish candle
2. Volume spike (almost nearby all time high volume)
3. Clean multiple touches on the Trendline Resistance
4. Looking good with Weekly time frame chart
5. Waiting period : Minimum 3-6 months
6. Best buying zone : 1510-1490
7. Target1 : 1990-2010
8. SL : Below 1300 on weekly closing basis
Note: This is not a buying recommendation but tried to explain the chart through price action for better learning and understanding.
Havells - Tf 75 - Mid Term - Elliot wavesHello Friends,
Currently, movement is sideways to bullish. Stock is taking support on 61.8% retracement of A wave.
Stock is completing corrective fall in B wave, hence the speed/movement is slow.
Wave C has mostly started, invalidation level is marked too.
Targets as per Fib extension given.
Buy Havells India for major upsideTake entry at cmp 1645
Target 1886
Stop loss 1589
Counter about to declare highest Q1 earning.
ALready gave breakout on chart and due to record breaking heat in 2024 , this counter will ready to go at the top side.
Be invested .
Havells triangle breakoutIf it closes above 1470 on Friday the breakout will be confirmed.
Target 1850
SL 1420
It is now trading at life time high, this may be start of longer-term trend.
HAVELLS bullish; above 1710 ? - Monday 13-May.The above information does not constitute investment/trading recommendation and it is purely for educational purpose....
INTRADAY Trading Strategy in 3 stages of breakouts:
1) Impulse upmove stage: The strong upmove (nearly upto 1% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
The above information do not constitute, financial, investment, trading, or other types of advice or recommendation.It is purely for educational purpose....
Continuation of Bullish Up-Trend Fib-retracement setup
Weekly Time frame
Next Level - 1800 to 2000 (1.618 )
Bullish trend may continue with some small corrections,
HAVELLS
The stock moved past its prior all time high of 1540 in February.
The Monthly MACD also crossed above its Trigger line, confirming resumption of long term up-move.
In the past, the stock witnessed at-least 70% gains after MACD crossing its trigger line, so that gives us a minimum expectation of Rs.2600.
Bullish outlook remains intact as long as price is above 1500.
Multiple attempts at BOPartial entry activated at 1430. Full entry if the price sustains above 1470
Blueline = Possible targets
Redline = Stop (Strict) Loss
Please note results/earnings in 11 days.
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Put your Heart, Mind and Soul into even your smallest acts.
This is the secret of success.
- Swami Sivananda.
HAVELLS Long SetupHAVELLS can go long at 1565 with stop loss of 1450 for the target of 1680 & 1795 & 1910
Breakout in Havells IndiaBreakout of Double Bottom pattern in Havells and reaching to ATH. This stock can be good buy around 1590-1600 levels and targets of 1710-1720 can be achieved in the short term.
HAVELLS F&P BREAKOUT WCBHAVELLS breaking f&p pattern
on #weekly basis
building up good volume
#target 1880
EDUCATIONAL IDEA
Break out in havellsAfter a good consolidation havells gives break out with good volume, hope it touches 2000/- per share in this summer 🌞🏖️
Havells India Is Ready BreakoutHavells India Looking Good
CMP is 1640
Hold it For Target
1800-2000 short Term
For Long Term
2500-3000
Key Points
Volume is increasing
Fresh Breakout
3 Year Long Consolidation
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.
