Sunday, June 16, 2013



BHEL has fallen much.and trading at good valuations. Stock made a double bottom at 174.25 on 28 March and 13th June 2013. Stock aslo made Doji on last friday. Stock looks oversold for now and may bounce from current levels. One can buy the stock at CMP with SL below 174 for immediate targets of 190/192.

1 comment:

  1. Booked our profits at 184.50 levels and also 180 CE @ 6.80. Will look to reenter the stock if stocks looks good at lower levels tomorrow at around 175 levels for targets of 190.Tomorrow is the date for market reversals as per GAAN calender.