HAVELLS- Look good for Long term potential 10X stock
Buy Above :- 1242 Averaging Levels 1172
Swing traderStop loss - 1209
Investment Stoploss - 1050
Few targets to Monitor
1387 , 1540, 1701, 1800+
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Please do your due diligence before trading or investment.
Thank you.
Bought for about 1.25% of the capital.
Pros :
The company's primary production focus is in India, allowing them to benefit from various government schemes such as PLI (Production-Linked Incentive) schemes. This alignment with government initiatives reflects a strategic vision which is beneficial for both the parties.
The presence of a dedicated Research and...
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*-...
Havells - Elliott Wave Count
Havells seems to have completed Wave B and has begun Wave C with the downside target of the 1000 range.
Please note that this information is solely for educational purposes, and it is essential to exercise caution when trading.
NSE:HAVELLS NSE:HAVELLS1! BSE:HAVELLS BSE:HAIL1!
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...
Strong breakout of resistance area
Now price resting on resistance level
Other stocks in this sector are also performing well
Took 40% position
Will add more as it unfolds
This is a short term - Medium term bet
1.50 moving average upside
2.volume increase
Target -1948
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register.
Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.
It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air...
Havells is consolidating in a range breakout to either side will give a good movement.
Target for upside breakout - 1375
Target for downside breakout -1250
