Prakash Gaba of prakashgaba.com told CNBC-TV18, "For Havells India, the trend is still intact, has not been compromised; Rs 425 is a strong support zone to work with. He is sitting on a huge profit. Best thing to do is to purely from a trading purposes, I would say have a trailing stop loss. If it is up, let us ride the trend the moment it turns, we exit. Stop loss should be Rs 425."
"India Cements expands and contracts. I would not call it a U-turn. It has seen a good expansion, so it contracted. So, I would say structurally it is still up, no sign of weakness, Rs 180-190 is a strong support zone. If one wants to enter for long term, Rs 190 would be the right way or if one wants to enter now, add it, but have a stop loss below Rs 190," he said.
"Hindustan Zinc gave a buy signal a couple days earlier, somewhere around the zones of around Rs 235-240 zones, still up and yet even if we do get some dips, those are buying opportunities from medium term to long term. If someone has got it, hold on."
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