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
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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