HAVELLS INDIA LTD. – Technical Stock Report

CMP: ₹1,120.70 | Trend: Recovery Attempt Technical View: Havells India has shown a sharp recovery from the ₹1,015–₹1,070 zone, supported by a strong bullish candle and increased volume. Momentum indicators are improving, suggesting a possible short-term rebound after the recent decline. However, confirmation above resistance is essential before considering a sustained trend reversal. Support: ₹1,087, ₹1,068, ₹1,015 Resistance: ₹1,122, ₹1,175, ₹1,229 Targets: ₹1,175 → ₹1,229 → ₹1,282 Risk: A break below ₹1,068 may weaken the recovery, while a move below ₹1,015 could increase selling pressure. Trading View: Sustaining above ₹1,122 may support further recovery toward ₹1,175 and ₹1,229. A breakout above ₹1,229 could strengthen bullish momentum. Monitor price action and volume for confirmation. For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊