Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.
The company owns and operates 5 brands i.e. Havells, Crabtree, Lloyd, Standard and REO functioning in different product segments.
Fundamentally very strong company.
Divedend giving Stock.
Promoter holding is good and no promoter pledged.
Good ROCE & ROE.
Debt is less than Reserves.
Darvas Box is marked as Skyblue shaded rectangle area.
Price consolidated in this darvas Box for 2 to 3 Years.
Darvas Box upper Resistance Breakout along with Huge volume.
Breakout trade above Green Horizontal line.
Target is marked as red horizontal line.
Stoploss is marked as orange horizontal line.
Price already bounced from 100 EMA on Weekly chart.
all Price bounce from 100 EMA on weekly chart are marked with Stars.
Rest all levels are marked on the chart.
Breakout trade:-
Buy above 1500
Stoploss 1400
Target 1775 - 2500
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
The company owns and operates 5 brands i.e. Havells, Crabtree, Lloyd, Standard and REO functioning in different product segments.
Fundamentally very strong company.
Divedend giving Stock.
Promoter holding is good and no promoter pledged.
Good ROCE & ROE.
Debt is less than Reserves.
Darvas Box is marked as Skyblue shaded rectangle area.
Price consolidated in this darvas Box for 2 to 3 Years.
Darvas Box upper Resistance Breakout along with Huge volume.
Breakout trade above Green Horizontal line.
Target is marked as red horizontal line.
Stoploss is marked as orange horizontal line.
Price already bounced from 100 EMA on Weekly chart.
all Price bounce from 100 EMA on weekly chart are marked with Stars.
Rest all levels are marked on the chart.
Breakout trade:-
Buy above 1500
Stoploss 1400
Target 1775 - 2500
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.