Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "For last two months Havells India is in a trading range and that range hasn’t broken down but the first signs are coming that it is breaking on the downside."
"I would expect Havells to come to lower levels. So I would anticipate a breakdown, go short today and carry this position. If it is breaking down, there is a lot more downside," he said.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
