HAVELLS – Wednesday Breakout Analysis , Wednesday 11 nov

HAVELLS HAVELLS – Wednesday Breakout Analysis Bullish momentum – Watch for breakout NSE: HAVELLS | Trading date: 11 November 2026 1. Market Trend: Havells closed at ₹1,159.50 on 9 November, gaining 3.25%. RSI was around 66, while MACD was positive, indicating strong short-term bullish momentum. However, price is approaching resistance. ET Money +1 2. Important Trading Levels: Parameter Price Previous close ₹1,159.50 Breakout zone ₹1,171–1,174 Entry above ₹1,175 Target 1 ₹1,195 Target 2 ₹1,219 Target 3 ₹1,240 Stop-loss ₹1,148 Support ₹1,148 / ₹1,127 Weekly resistance near ₹1,171 and ₹1,219 is supported by published technical levels. Equitypandit +1 3. Trading Strategy: Consider buying only if Havells sustains above ₹1,175 on a 15-minute candle with strong volume. Avoid fresh entry if the stock opens with a sharp gap-up. If price fails near ₹1,171–1,175, wait for another opportunity. 4. Risk Management: Maintain strict stop-loss discipline and risk only a small portion of trading capital. Trail stop-loss after the first target. 5. Final Verdict: BUY ABOVE ₹1,175 – CONDITIONAL WAIT until breakout confirmation. These are indicative technical levels, not guaranteed prices or live Wednesday signals. Recheck opening price and volume before trading.