Havells delivered 55% returns over 1 year and touched high price of 1985, and currently trading around 1845 levels
Stock is in bullish trend and at good support levels to take entry stock can be accumulated in dips up to 1687 levels
Price Targets
First - 1985 (7.5 % up side potential from CMP) Second - 2113 (14.5 % up side potential from CMP) Third - 2375 (28.7% up side potential from CMP)
Stoploss - 1558 (15.5% down side risk from CMP)
Strong up move is envisaged based on the RSI & 21 EMA
This idea is only for education purpose and not for real time investing or trading. Kindly consult your financial adviser before trading or investing with real money
Trade active
First Target 1985 achieved today.. continue to hold for second and Third target
7.5% return with in 20 Trading Sessions
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