Stock has given a strong weekly breakout..
Stock can move 10-20% from here in coming weeeks..
Buying on dips suggested..
Stock should see all time high soon..
Stock can see levels of 2000 also in coming months..
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.
The company owns and operates 5 brands i.e. Havells, Crabtree, Lloyd, Standard and REO functioning in different product segments.
Fundamentally very strong company.
Divedend giving Stock.
Promoter...
HAVELLS IND Ready for Breakout Stock. 1-day chart of Havells India Limited (HAVELLS) stock shows buying Level at ATH (All Time High) this time on support and pullback. If you buy this level, there may be a trap of falls breakout. Best option to buy this stock at all-time high, which is @ 1550.
Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss.
The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide...
Buying happening in Consumer Durables sector
Mainly AC, Fans related.
Keep an eye on Havells, Vguard, Symphony, Orient Electric, Voltas, Blue Star.
Some of these name already raised with volumes.
Crompton, Orient Electric may catch up in the rally, keep an eye. Strict SL is must.
Always first ones to raise in the sector are the strongest ones, big players are...
Partial 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.
CMP- 1469
Keep in watchlist, the stock is ready for monthly breakout.
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...
I closed the position and secured profits as soon as the price hit the target levels. Although waiting for a precise exit at the upper trendline was an option, I chose not to take that risk due to the possibility of a market correction, considering the overall market is technically over-valued.
I'll monitor for a re-entry opportunity if the price drops back to...
In the Weekly Chart of HAVELLS ,
we can see that, finally it has given Trendline breakout and shown a recovery.
Let it retest the Trendline and the enter with SL and Targets.
Possible Positive momentum is shown in chart
=>Havells at important support levels in 1D TF formed a morning star pattern
=>Back to 1H TF it forms parall channel pattern let's see what will happen
=>decent volumes
Ascending Tiangle Formation is seen in HAVELLS. Now it is about to take support ar trendline. After that we can expect an upward movement. Also HAVELLS is at a discounted price💯🔥
Ii is an opportunity to add in Portfolio for long term.
-Support 1260
-Tgt 1500 (short/mid term)
I already had a position which I booked profits a few weeks back. The posts related to that position is attached underneath this post.
The price reversed back to my earlier entry levels. So I took a re-entry for about 1.25% of the net capital. Will add on to the position if the price falls down to the lower trendline of the diverging channel formed.
Planning to...
