Stock of the day : Bharat Heavy Electricals Ltd For Target Rs.332 - Religare Broking
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Bharat Heavy Electricals Ltd.
* BHEL has been witnessing price and time correction after hitting 52 week high mark.
* The consolidation has seen with good volume activity suggests accumulation by the stronger hands.
* it has recorded a decisive breakout from the intermediate falling resistance trendline with strong volumes denotes price to attract fresh upward momentum.
* Traders can consider fresh longs in the mentioned range.
Buy Bharat Heavy Electricals Ltd CMP 311.30 Range 310-312 SL 300 Target 332
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