fundamentally stronger than cipla, cadila etc... buy, hold, forget !!! this is a wealth creation pick
my charts would just show the view, details can be shared if people wnt more notes... ut idea is to keep things simple
my charts would just show the view, details can be shared if people want more notes... ut idea is to keep things simple
can go long, SL not needed in my opinion (though this is not a preferable thing to do)
best buy around 372-378 lvels, t1 420. and one can add in fav above 430
Delivery long - hold with patience, and add in fav above 925
stock has low liquidity and volumes, so be extra cautious
need support of volumes, shifting of demand zone visible on weekly t/f
Rounding bottom pattern on daily, expecting upside..
Havells: *Weekly* chart indicative of positive RSI divergence, and historically, the stock has bounced back when its RSI touches ~35 levels...the RSI ranges between 35-75 levels on the *weekly charts* In the weekly view, the EMA's have started acting as a resistance and the current stock price is below the Long abv 635 (cash)