Havells India is displaying signs of breaking out of a prolonged consolidation period. The stock has given a breakout of the symmetrical triangle pattern.
On the daily chart, Bank of Baroda has started trading sideways and is giving no clear trend. However, the stock is outperforming the benchmark indices.
Titan Company is having a very bullish chart, as it is forming higher highs and higher lows for formation on the daily chart. The overall structure of the counter looks lucrative.
Stocks to buy today: Stock brokerages recently came out with research reports on select stocks namely Hindustan Unilever (HUL), Camlin Fine Science, Havells India and Tata Chemicals. All these four stocks have received ‘Buy’ ratings from individual brokerages. These brokerages see an up to 30% upside on the counters. Find out more about it in this Business Today Visual Story.
The consumer electrical goods maker, post market hours of Wednesday, said its consolidated profit fell 38.15 per cent to Rs 187.01 crore for the quarter, as commodity inflation hit margins.