Havells India Limited: High-Conviction Technical Analysis

Generated on: 06 Jan 2026, 03:22 PM IST | Market Regime: Positive

Why Havells India Limited is Strong  

Havells India Limited (HAVELLS) is currently showing a strong Relative Strength Breakout, making it an A+ Grade stock for traders looking for high-conviction BTST opportunities. The stock has broken out of a significant resistance level at ₹1462.2, indicating a bullish trend. This breakout is further supported by impressive institutional volume, which is currently at 2x the average, signaling strong buying interest from large investors.

Moreover, Havells is outperforming the Nifty index, which adds to its attractiveness as a trading candidate. The Relative Strength Index (RSI) momentum is also noteworthy, with a volume of 2.8x, suggesting that the stock has the potential for further upward movement.

Trade Plan

For this trade, we recommend a stop loss at ₹1455.74 to manage risk effectively. The targets are set at ₹1551.86 for Target 1 and ₹1599.92 for Target 2. We advise implementing a Split Target Strategy, where you can book 50% of your position at Target 1 to secure profits while allowing the remaining position to ride towards Target 2.

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Conclusion

In conclusion, Havells India Limited presents a compelling trading opportunity with its strong breakout signals and institutional support. We encourage you to check the latest charts on TradingView or your broker app to stay updated on this high-potential stock.

Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research before making any investment decisions.