HAVELLS trade ideas
HAVELLS is set to electrify upwards with a momentumHavells at Rs 442 has crossed MAs and is attempting to thrust upwards the previous two tops.
Next resistance level appears to be Rs 480 for short term and Rs 530 for medium term.
Buy and book profits accordingly and keep some in your portfolio.
Fundamentally, it is growing with a wide range of products and with acquisition of Lloyds, is soon embarking upon domestic Air Conditioning units too.
Stoploss may be kept at Rs 419.
Havells India ABCD PatternHAVELLS IND 1 Hr Chart: ABCD Pattern completed & Testing 161.8 Extension Level. Next Possible support @ 387/375.
