Bharat Heavy Electricals Limited
BHEL has been struggling below the resistance zone of moving averages on multiple time frames for last several months. It has formed a fresh shorting pivot after hovering in narrow range. Traders can use any bounce in the given range to initiate fresh shorts.
Sell BHEL Ltd Futs @ 91-92 Stoploss 95 Target 84 CMP 90.45 .
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