Tuesday 27 September 2016

Equity Technical Call - Havells 28 Sept 2016





HAVELLS (CMP - 409.00)


Bullish Trend for Past 1 year

Inverted Hammer formation - Should rise again


Short Term Delivery Call 




  1. Moving Averages - Suggest Buying
  2. RSI (14) - Buy
  3. MACD (26,12) - Buy
  4. William %R - Overbought
  5. Bull/Bear Power - Buy
  6. Overall, technically a good share to buy and hold for a long term. Can cross 500 in a few months.
  7. Financial Indicators - Neutral.


Overall a bullish stock, with expected little correction.


Target 1 - 436---442



Target 2 - 465--470


Stop Loss : 390


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