Rachit_Sethia

#HAVELLS CMP 1046.70 Target 1216(15+%) #banknifty #nifty #equity

Long
NSE:HAVELLS   HAVELLS INDIA
#HAVELLS
NSE: HAVELLS
CMP 1046.70
Target 1: 1215+
SL 999
Time Frame < 2 months
Can hold the stock after booking at 1215> might rally ahead.

Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With πŸ’š from Rachit Sethia

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