Mehul Kothari of Anand Rathi is bullish on these 2 consumer durable stocks

Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark

BUY SCHNEIDER | TARGET: Rs 142 | STOP LOSS: Rs 120

Last week, the stock confirmed a very major breakout above 122-mark and then we saw a follow up move towards 136. Then, the stock was back below 130-mark and is consolidating. The theoretical target of the breakout comes around 144. Thus, traders can buy the stock near 128-mark with a stop loss of 120 for an upside target of 142 in 2 – 3 weeks.

BUY HAVELLS INDIA | TARGET: Rs 1,450 | STOP LOSS: Rs 1,100

Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent