Aditya Agarwal of Way2Wealth recommends going long in Havells India as the stock may test Rs 890.
Aditya Agarwal of Way2Wealth told CNBC-TV18, " Havells India is almost trading at all time high levels. On Tuesday, it gave a breakout above its crucial resistance of Rs 850 and is trading above that only for last four trading sessions. We are expecting that the stock may see more rally from these levels and in next in one or two trading sessions the stock may test Rs 890."
"With a very short-term perspective one can make long position at current levels keeping a stoploss at Rs 852 and for today's perspective target will be Rs 890. If one can hold for 10-15 days then we are expecting targets of Rs 920-940 also," he said.
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