FOR LEARNING PURPOSE
HAVELLS INDIA - The current price of HAVELLS INDIA is 1510.65 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with great volume
3. Its at ATH and now its retesting the last breakout zone
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable
6. The company is quite famous as its product is used in many homes
7. This stock has underperformed in last 2 years but now, its showing some signs that it can do good
I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.
My SL is at 1370.25 rupees
I will be managing my risk.
HAVELLS INDIA - The current price of HAVELLS INDIA is 1510.65 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with great volume
3. Its at ATH and now its retesting the last breakout zone
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable
6. The company is quite famous as its product is used in many homes
7. This stock has underperformed in last 2 years but now, its showing some signs that it can do good
I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.
My SL is at 1370.25 rupees
I will be managing my risk.