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Stock Radar: Havells breaks out from Cup & Handle pattern, may record fresh 52-week high; time to buy?
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Havells India, a part of the consumer electric industry, recorded a fresh breakout from Cup & Handle pattern on the weekly charts, which has opened room for the stock to hit a fresh 52-week high above Rs 1400 levels.The stock hit a fresh 52-week high of Rs 1408 on 20 July 2023 but failed to hold on to the momentum.
It then found support above Rs 1250 levels before bouncing back.The stock had reached a record peak of Rs 1503 on 18 October 2021,
. Read more on economictimes.indiatimes.comAbout this in other media
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