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HAVELLSMARKET OUTLOOKSTOCK OUTLOOK

Havells Outlook for the Week (July 31, 2023 – August 04, 2023)

Havells Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Havells closed the previous week on a negative note losing 2.90%

Technically, Havells share price will see immediate support at 1,300.73 and immediate resistance would be seen at 1,339.33

If Havells share price closes below immediate support of 1,300.73, then sharp breakdown can be seen. Havells share price will see major support at 1,276.37 for the week.

On the positive side, immediate resistance will be seen at 1,339.33. Closing above 1,339.33, Havells share price will see a sharp breakout. Major resistance for Havells share price will be seen at 1,353.57 for the week.

Trading range for Havells share price for this week should be between 1,262.13 on down side and 1,377.93 on up side.

Havells Previous Week High: 1329.2

Havells Previous Week Low: 1290.6

Havells Previous Week Range: 38.6 Points

Havells share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 1,377.93
Resistance 2 1,353.57
Resistance 1 1,339.33
Support 1 1,300.73
Support 2 1,276.37
Support 3 1,262.13

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