Since last 4 months, Havells trading in parallel channel range. Expected breakout of this channel in upcoming trading session. If it give breakout of this parallel channel then we can go for long above 1090 for target of 1140 and then after 1200+ for short term period.
Possible Trade:
Buy Havells Above 1090
Stop loss - 1050
Target 1140 1200+
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Leave a comment that is helpful or encouraging.
Havells - clear breakout on daily and weekly charts - supported by good volumes
Watch market trend and enter Havells for long terms with target range of 1125 - 1175
AS drawn in chart, enter after 1099 only will make sense and may take short term to reach the target but business is going good may see good growth over all, this just idea , .follow for more genuine ideas on standard stocks only...
