WELCOME

WELCOME

Wednesday, 2 January 2013

Havells---->2nd jan 2013





Prices today closed above the Neckline as well as recent resistance zone of 629 level that too with
volumes. This close above such neckline level is breakout of an Inverted Head N Shoulder Pattern with
upward target of 45points above such level. Counter trading above 200DMa level too. Now enter on
retracements.
BUY till above 630 Level with Stop below the Support Levels, mentioned below. Book Profit near
resistance zones mentioned, below.


Target will be 642/49/54/62

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