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Sarthak_Singh
May 25, 2020 11:49 AM

Havells near last support zone. Short

HAVELLS INDIANSE

Description

The stock is bouncing around its support area.
It is below 200 & 21 EMA and it is exactly around the last low of march end.

Once the trade is active SL will be the bottom of the support zone - 465/468.
Target will be open as there is no more support for the stock below the current levels in the short term for now.
(310-340 is weekly support)


Trade carefully.

Comment

Chart Update - Stock stayed below the support/resistance zone and our trend line.
Selling is only preferred below 445/447 Level.
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