Havells closing 1241.3 with stop loss 1200 then targets are 1290-1350-1400+.
Buying Reason.
1 --> Price make the Breakout at 200 EMA.
2 --> Price makes the Bullish Engulfing pattern.
3 --> RSI is cross above 60 Level.
4 --> ADX is showing some moves.
5 --> Volume is a breakout and price is given a good breakout.
6 --> Bollinger Bands are open in Daily and Weekly on the upside.
Buying Reason.
1 --> Price make the Breakout at 200 EMA.
2 --> Price makes the Bullish Engulfing pattern.
3 --> RSI is cross above 60 Level.
4 --> ADX is showing some moves.
5 --> Volume is a breakout and price is given a good breakout.
6 --> Bollinger Bands are open in Daily and Weekly on the upside.