Havells near last support zone.

The stock is bouncing around its support area.
It is below 200 & 21 EMA and it is exactly around the last low of march end.

Once the trade is active SL will be the bottom of the support zone - 465/468.
Target will be open as there is no more support for the stock below the current levels in the short term for now.
(310-340 is weekly support)


Trade carefully.

Kommentera:

Chart Update - Stock stayed below the support/resistance zone and our trend line.
Selling is only preferred below 445/447 Level.