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Dhwani Patel

25th May · SEBI-Registered Analyst

$HAVELLS Weakening trend

Havells has decisively broken below a decade-long rising trendline, making this a structurally important technical event on the long-term chart. The breakdown suggests weakening momentum after years of sustained uptrend, with price now entering a potential distribution-to-correction phase. Unless the stock quickly reclaims the broken trendline, rallies may face resistance and the broader structure could remain under pressure. $HAVELLS

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