Monday, November 30, 2009

Havells - This candidate is RIPE for an UPTREND.

Friends,
 
A stock with good volumes & UPFLAG breakout.
 
See the chart and you can make out why its been recommended. A simple uptrend is seen & the chart has just broken out the upper band of the recent tops. Expect a sharp upmove in the next few days in this stock.
 
I recommend a BUY at current price - 367, keeping a SL - 343 & Target - 445. The Risk/Return ratio is at 1:3
 
Cheers !
 
Labels : Stocks

1 comment:

Anonymous said...

excellent report !