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Havells vs Voltas vs Blue Star? Hot stocks for a cool summer; strategy here

Business Standard LogoBusiness Standard8h ago

Havells vs Voltas vs Blue Star? Hot stocks for a cool summer; strategy here - Business Standard

Quick Summary:

As such, the chart hints that the stock can potentially crack to ₹1,540 levels.

On the upside, the stock needs to trade consistently above ₹1,350 levels for the sentiment to turn favourable.  As such, the stock can then potentially attempt a rally towards ₹1,600 levels.

Earlier this month on April 7, the stock briefly cracked below its 200-DMA as it hit a low of ₹1,656, but eventually managed to close above the key moving average.  With key momentum oscillators on the long-term chart showing signs of an impending weakness at the counter, the stock may well break the 200-DMA this time around.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-24 @ 11:24:00 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1120 words

Reading Time: 7 minutes read

Sentences: 35 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28184588

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 266 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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