2025-04-29 11:27:52 am | Source: Religare Broking
Stock of the day : Bharat Heavy Electricals Limited For Target Rs. 246 - Religare Broking Ltd
Bharat Heavy Electricals Limited
Buy Bharat Heavy Electricals Limited CMP 230.31 Range 229-231 SL 222 Target 246
* The stock has broken out above its declining trendline and multi-month consolidation, potentially ending its correction.
* After a brief pullback, it formed a new buying base near the breakout level.
* Further, reclaiming key moving averages across various timeframes supports the positive momentum.
* Traders can initiate longs in the mentioned range.
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