Traders can accumulate the stock in a range of Rs 705-710 for the upside target of Rs 762 and a stop loss below Rs 670.
From the last four weeks, Havells India has been consolidating in a range of Rs 670-700 along with consistent buying at lower levels.
On the technical ground, the stock has given a breakout above the symmetrical triangle pattern along with large volumes which suggest more upside in prices moving forward.
Traders can accumulate the stock in a range of Rs 705-710 for the upside target of Rs 762 and a stop loss below Rs 670.
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