HAVELLS - Swing Trade Analysis

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

Swing Trade Rating: 2.8

Here’s a detailed look at why this rating lands where it does and what you can consider for your next move

📉 Technical Indicators & Market Sentiment

Current Price vs Moving Averages: At ₹1,510, the stock is trading below both the 50 DMA (₹1,544) and 200 DMA (₹1,587), signaling a bearish short-term trend.

RSI (42.2): Close to oversold territory but not enough to indicate a definitive reversal — neutral to slightly weak momentum.

MACD (-5.80): Negative MACD points to continued weakness.

Volume: Current volume (7.4L) is lower than the 1-week average (13.2L), indicating reduced market interest or a possible slowdown.

📊 Fundamentals Snapshot

P/E Ratio (67.1): Significantly higher than industry average (35.6), suggesting overvaluation.

PEG Ratio (9.11): Implies that growth isn’t strong enough to justify the high valuation.

ROCE & ROE (25.3%, 18.8%): Solid returns indicating long-term potential, but swing trading focuses on short-term momentum.

Debt to Equity (0.04): Financially sound with very low leverage.

🧾 Ownership & Earnings Momentum

FII Holding: Declined by 0.72%, hinting at caution from foreign investors.

DII Holding: Up by 0.55% — slight domestic confidence.

Quarterly Profit: Dropped by 14.7% from previous quarter — a negative short-term signal.

🔍 Entry & Exit Strategy

Optimal Entry: Wait for price closer to the support level around ₹1,370–₹1,390, especially if RSI drops below 40 and volume shows accumulation.

Exit if Holding: Consider exiting if price rebounds towards ₹1,580–₹1,600 and fails to breach the 200 DMA, especially if MACD stays negative and RSI doesn’t improve past 50.

Swing trading thrives on momentum and timing — and this stock currently shows more hesitation than acceleration. It's not ideal for quick moves right now, but worth watching if it stabilizes near support.

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