HAVELLS Channel Breakout Setup with Earnings Ahead

Havells is approaching a crucial resistance trendline within a well-defined downward sloping channel. Price currently tests mid-channel and historical supply zones, with multiple Leola Lens SignalPro yellow caution labels plotted—historically seen before directional reversals.

📌 Structure Highlights:

Clear channel formation since April

Multiple resistance rejections near 1580 zone

Buy interest seen near lower boundary with SignalPro confirmation

Breakout projection suggests target zone near 1680, aligning with prior volume gap

📅 Earnings event likely to be a catalyst. Monitor price behavior post-results for potential breakout confirmation above 1580.

🧠 Leola Lens™ SignalPro Notes:
Yellow caution labels have repeatedly appeared near key turning points within the channel, suggesting possible trend transition zones. These zones highlight moments of institutional activity, where smart money behavior often shifts.

The yellow caution markers indicate potential trend change zones, based on historical conditions where price has shown institutional interest or liquidity shifts. These zones are not direct buy/sell signals, but highlight areas to monitor closely for structural confirmation.

🧠 This chart is intended for educational and structural analysis only. No financial advice.