2025-06-24 11:08:08 am | Source: Religare Broking Ltd
Stock of the day : Bharat Heavy Electricals Ltd For Target Rs. 270 - Religare Broking Ltd
Bharat Heavy Electricals Ltd
Buy Bharat Heavy Electricals Ltd CMP 253.80 Range 252-254 SL 245 Target 270
* The primary trend for BHEL remains positive, as the stock is forming higher highs and higher lows on the daily chart—a bullish pattern.
* Currently, it is exhibiting a flag formation and is poised for an upside breakout.
* The stock has also reclaimed key moving averages across multiple timeframes, reinforcing the positive outlook.
* Traders may consider initiating long positions within the specified range.
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