Buy Havells NSE Havells Future Based on coming off Structural Support and upward channel.
Im expecting this to hit the TGT2 Placed at 534.75 before the end of this FNO expiry.
This is just A STUDY / PERSONAL VIEW of the scrip and do not use this information as trading advice.
- trading in ascending channel since Feb 2016
- currently at lower end of channel
-trading below 50 day EMA
- trading below 200 day EMA
View going forward
- stock is at major trendline support & if the stock holds on to current level then
- the stock may see a bounce towards either 50 day EMA currently around 278 or...