Stock of the day : Buy Bharat Heavy Electricals Ltd For Target Rs.106 - Religare Broking
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Bharat Heavy Electricals Ltd
* Bhel has ended seven-month long consolidation phase, with noticeable surge in the volume.
* It also reclaimed the previous swing high, adding to the positivity.
* The chart pattern combined with strong uptick in volumes indicates the prevailing tone to continue.
* We thus recommend creating fresh longs in the mentioned zone.
BuyBharat Heavy Electricals Ltd CMP 92.95; Range 92-94; SL 88; Target 106
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