HAVELLS - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating for HAVELLS: 2.6

Havells exhibits mixed signals for intraday trading today, leaning toward a cautious approach. Here’s a breakdown of the key factors and tactical recommendations

⚙️ Analysis Snapshot

Momentum Indicators

RSI (42.2): Weakly bearish, suggesting low buying strength.

MACD (-5.80): Negative and diverging, indicates bearish momentum.

Price Action vs Averages

Current Price (₹1,510) is below both DMA 50 (₹1,544) and DMA 200 (₹1,587) → Short-term downtrend in play.

Volume Profile

Current Volume: 7,40,030 vs Avg Vol 1Wk: 13,21,886 → Below average, weak intraday participation.

Recent Fundamentals

Qtr Profit: Down 14.7%, FII holding dropped → Reduced institutional confidence.

High P/E (67.1) vs Industry PE (35.6) & PEG (9.11)*: Overvalued, limits upside potential.

💡 Intraday Trade Strategy

If You're Entering Fresh

Optimal Buy Price: ₹1,475–₹1,480 (Only consider entry if price stabilizes near this level with volume pickup)

Profit Target: ₹1,515–₹1,520

Stop Loss: ₹1,465 (Protective exit if price breaks below support)

If You're Already Holding

Watch Zones

Above ₹1,520: Consider exiting partially as resistance may kick in.

Below ₹1,495: Momentum fades — tighten stop loss.

Exit Recommendation

If price fails to breach ₹1,515 intraday with increasing volume, consider full exit by end of session.

📉 Overall Outlook

The combination of weak momentum, falling profitability, and overvaluation makes this a low-confidence intraday candidate unless supported by a strong technical rebound. Better suited for close monitoring rather than aggressive positioning today.

If you'd like analysis for another stock or time frame, just let me know how you'd like to play it.

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