 "Top technical calls from Angel Broking: Buy Radico Khaitan, Havells India")
Top technical calls from Sameet Chavan, Chief Analyst- Technical and Derivatives of Angel Broking:
RADICO KHAITAN – BUY
STOP LOSS – Rs 139
TARGET – Rs 159
Recently, this stock underwent a strong consolidation phase during which every attempt towards 138 – 140 was getting sold into. However, on Monday, we saw strong follow up buying interest post previous Friday’s sturdy closing; leading to a confirmation of ‘Inverse Head and Shoulder’ pattern on daily chart. This price activity was accompanied by higher than average daily volumes, which certainly is an encouraging sign. In addition, some of the key
RADICO KHAITAN – BUY
STOP LOSS – Rs 139
TARGET – Rs 159
Recently, this stock underwent a strong consolidation phase during which every attempt towards 138 – 140 was getting sold into. However, on Monday, we saw strong follow up buying interest post previous Friday’s sturdy closing; leading to a confirmation of ‘Inverse Head and Shoulder’ pattern on daily chart. This price activity was accompanied by higher than average daily volumes, which certainly is an encouraging sign. In addition, some of the key
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