HomeNewsBusinessStocksBuy Havells India; sell Bank of India March Fut: Systematix

Buy Havells India; sell Bank of India March Fut: Systematix

Systematix Shares has recommended traders to buy Havells India and sell Bank of India March Future for the target price of Rs 869 and Rs 191 respectively in its research report dated March 13, 2014.

March 13, 2014 / 13:27 IST
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Systematix Shares' research report

Havells India

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"Havells is trading above a major upward trendline.It also closed above its previous swing high of 845. RSI is at 71 with appositive crossover indicating strong upward momentum.The stock is expected to continue to rise from current levels. Traders can Buy the stock at or above 850 with a stop loss of 839 for a target of 869."

Bank of India (BOI)