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Stock of the day: Buy Bharat Electronics Ltd For Taget Rs.128 - Religare Broking
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Bharat Electronics Ltd
* Seeing a consistent uptrend in the defense -related stocks and BEL is trading in sync.
* Recovered strongly after retesting the major support zone around 90 levels.
* Trading at a record high. Expect the prevailing trend to continue.
* We thus recommend creating fresh longs in the mentioned range.
Technical Chart : Daily
Buy Bharat Electronics Ltd CMP 118.05; Range 117-119; SL 113; Target 128
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