HAVELLS INDIA - BULLISH SIGNS!!

HAVELLS INDIA

The stock has given a breakout from the trendline in the hourly chart and is consolidating below the resistance level at 555.

RSI is in Bullish Zone.
***TRADINGEDGE TIME-TREND INDICATOR IS BULLISH***
***TE BANDS ARE IN GREEN ZONE***

One the price gives a breakout above 555 with Volume, we might see a short term strong uptrend till 572-575. Nearby support is 540.

KEEP AN EYE!!
#tradingedge_academy #SMTA_institute

***this is my personal view. Please take advice from your financial advisor before investing.