rtechs
Long

Havells : Breakout Trade

NSE:HAVELLS   HAVELLS INDIA
NSE:HAVELLS             looking good risk reward for short term buy side, keep sl below the rectangle , buy only when u get clear breakout signs for a target of 560/570/580++

For cash holder one can add on dips, keeping there stop loss below the red line (which looks exactly the double bottom formation) for short term investment purpose.
Comment: Havells, still making false breakout, once it makes a clearcut breakout we will enter as per our position, till then keep on watchlist.
Comment: keep an eye for breakout now.. for entry..
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