buzzing stocks-Havells India Ltd stock now in bearish trend

Havells India Ltd stock chart Havells India Ltd stock today closed at 408.7 with loss of more than 5%. Stock was top loser in f&O segment. HAVELLS after rally up to 450 rupee seen strong supply from market and today breakdown below 415 support changed stock price trend on bearish side.   Below 415, HAVELLS stock will remain sell on rise. On downside 395 and 378 are support zones. These are short term target zone for short sellers. On upside 415 is strong resistance and stoploss should be above this level for short positions. Option traders can use HAVELLS 410 put options as buy and accumulate which is rallied from low of 1 rupee to high of 9 rupee plus in intraday and closed near highs.   HAVELLS weekly chart suggesting weakness in medium to longer term with downside up to 350 to 300 levels. So investors also stay cautious or book all profit and exit from stock. For stock tips on whatsapp with support and follow ups join our intraday tips service.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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