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2025-05-13 10:43:13 am | Source: Religare Broking Ltd
Stock of the day : Bharat Heavy Electricals Ltd For Target Rs. 250 - Religare Broking Ltd
Stock of the day : Bharat Heavy Electricals  Ltd For Target Rs. 250 - Religare Broking Ltd

Bharat Heavy Electricals  Ltd

Buy Bharat Heavy Electricals Ltd  CMP 232.95 Range 231-233 SL 223 Target 250

* Of late, BHEL witnessed a breakout from its multi-month declining trendline, marking the end of its corrective phase.

* Since then it has been gradually rising higher and has formed a new buying pivot after a marginal dip.

* The stock has also reclaimed key moving averages across various timeframes which supports the positive bias.

* Traders can initiate longs in the mentioned range.

 

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