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Mukadam
Jul 12, 2021 1:42 PM

Havells breakout of fallen trendline Long

HAVELLS INDIANSE

Description

Buy for target of 1231.

Good fundamentals
High Management Efficiency with a high ROE of 18.65%
Company has a low Debt to Equity ratio (avg) at -0.28 times
Healthy long term growth as Operating profit has grown by an annual rate 15.24%
High Institutional Holdings at 32.99%
These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

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2nd Target after 1231 will be 1376

Comment

Picture to abhi shuru huee hai

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1st Target reached 2nd target 1376 if not bought can buy for higher levels

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Hold for higher targets of 1438, 1569 & 1735

Trade closed manually

targets 1438 achieved, not great results, exiting
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