Havells India Ltd - Weekly Chart Analysis
Current Price: ₹1,547.90 (+1.82%)
Open: ₹1,509.95 | High: ₹1,552.65 | Low: ₹1,492.30 | Close: ₹1,547.90
Key Observations
Downtrend from ₹1,920 Levels: The stock faced a strong rejection near ₹1,920 and has been correcting since.
Major Resistance: ₹1,701.35 and ₹1,920.55 (highlighted in pink) – previous support turned resistance.
Current Support Zone: ₹1,500–₹1,550 range, where the price is attempting to hold.
Outlook & Next Steps
Bullish Above ₹1,600: If the stock sustains above this level, it can attempt a move toward ₹1,700.
Break Below ₹1,500: Can lead to further downside, potentially toward ₹1,400.
Current Price: ₹1,547.90 (+1.82%)
Open: ₹1,509.95 | High: ₹1,552.65 | Low: ₹1,492.30 | Close: ₹1,547.90
Key Observations
Downtrend from ₹1,920 Levels: The stock faced a strong rejection near ₹1,920 and has been correcting since.
Major Resistance: ₹1,701.35 and ₹1,920.55 (highlighted in pink) – previous support turned resistance.
Current Support Zone: ₹1,500–₹1,550 range, where the price is attempting to hold.
Outlook & Next Steps
Bullish Above ₹1,600: If the stock sustains above this level, it can attempt a move toward ₹1,700.
Break Below ₹1,500: Can lead to further downside, potentially toward ₹1,400.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.