Trade Idea for HAVELLS INDIA LTDHAVELLS INDIA LTDNSE:HAVELLSMyT_TraderTimeframe: 4H Chart Technical Analysis: Falling Channel Breakout Setup: The stock has been trading inside a downward-sloping channel. A breakout from this channel could lead to a strong upward move. Key Levels: Entry Zone: Around ₹1,540 - ₹1,560 (Breakout confirmation above resistance). Stop Loss (SL): Below ₹1,468 (Last swing low). Target Levels (T1, T2, T3): T1: ₹1,680 (First resistance zone). T2: ₹1,760 (Major resistance). T3: ₹1,920 (Previous high zone). RSI Indicator: The RSI is recovering from the oversold region, indicating bullish momentum. Volume Analysis: Volume is increasing, which supports the possibility of a breakout. This setup presents a bullish breakout trade from a falling channel with potential upside targets of ₹1,680, ₹1,760, and ₹1,920. A stop-loss below ₹1,468 is recommended to manage risk.