Bharat Heavy Electricals Limited
After a decent recovery from the support zone around 82, BHEL failed to capitalize on those gains and witnessed stiff resistance around 100. It made few attempts but in vain and slipped strongly thereafter. Traders can use any bounce in the given range to initiate fresh shorts.
SELL BHEL Ltd FUTS @ 91-92 Stoploss 95 Target 84 CMP 89.70.
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