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F&O Query: Should you hold call options on Havells India & CONCOR?

  • Havells India stock saw a decline but remains within the range of ₹1,500-1,600 since early May, making the next trend uncertain.
  • Support levels at ₹1,500-1,515 with a possible rebound. A rally towards ₹1,600 is anticipated in the near-term.
  • Suggestion to exit Havells India trade at ₹40 and consider buying call options again once the stock breaks out of ₹1,600, potentially rising to ₹1,670.
  • CONCOR stock bounced off its 50-day moving average and surpassed a barrier at ₹612, showing a positive outlook and potential rise to ₹650 before the expiry.

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