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Bharat Heavy Electricals Ltd

Buy Bharat Heavy Electricals Ltd CMP 293.00 Buy Price 293.00 Target 313.00 Stop loss 282.00 Holding Periond 1 Month

* The stock price close at Rs. 291.45 on 01st Jan,2026.

* It has recently broken out of a bullish Ascending Triangle chart pattern on the daily chart, indicating potential for further upward movement

* At this point, the stock is trading near the 62-day moving average channel. The momentum indicator RSI, is in a Bullish position, staying above 60, suggesting that the stock is in a bullish phase.

* We expect the stock price to continue its current bullish momentum and head towards 00 levels considering the current price action

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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785