Stock of the day - Bharat Heavy Electricals Ltd Target Rs. 491 - Religare Broking Ltd
Bharat Heavy Electricals Ltd
Buy Bharat Heavy Electricals Ltd CMP (Rs) 464 Range* 461-464 SL 448 Target 491

* BHEL has registered a decisive upside breakout, accompanied by a sustained higher-high and higher-low formation and a sharp expansion in trading volumes.
* The stock continues to trade comfortably above its rising 20-week EMA, highlighting strengthening momentum and persistent buying interest.
* The prolonged elevated-base consolidation further reinforces the bullish structure, suggesting potential continuation of the prevailing uptrend.
* Traders may consider accumulating the stock within the recommended range.
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SEBI Registration number is INZ00017433
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