Monday, November 30, 2009
Havells - This candidate is RIPE for an UPTREND.
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
Labels : Stocks