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Published on 11/04/2018 12:49:49 PM | Source: Religare Securities Ltd

Sell Bharat Heavy Electricals Ltd For Target Rs.84.00 - Religare Sec

Bharat Heavy Electricals Limited

BHEL, after the recent slide, is currently witnessing bounce and has reached closer to its immediate resistance of 90 level. We advise using this bounce to create fresh short positions in the given range.


Recommendation

Sell  Bharat Heavy Electricals Ltd Futs  @ 90-91 Stoploss 93 Target 84 CMP 89.

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