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Technicals for Havells India Limited
By MusingTheNews
2025-05-30 20:37
Overall Technical outlook
Price Summary
On 2025-05-29, HAVELLS's stock opened at 1555.0, reached a peak of 1558.7, dropped to 1544.4, and ended -0.28% down at 1550.7, with a volume of 282450 shares. Over the past 52 weeks, the stock reached a maximum price of 2082.4 and a minimum price of 1407.1. The future price of HAVELLS is projected to range from 1400.0 to 1967.0, with an average expected price of 1800.8649, according to 37 analysts.
Technicals
Support and Resistance: The current price for HAVELLS is 1550.7, supported at 1526.95 with resistance at 1601.1. This indicates a trading range where 1526.95 might prevent further declines, while 1601.1 could hinder additional gains. Support/Resistance for HAVELLS
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Havells India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for HAVELLS, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Havells India Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Havells India Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Havells India Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Havells India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for HAVELLS. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for Havells India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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