Buy/Accumulate BHEL : Cmp 1636
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K.Karthik Raja
Apr 7, 2008, 7:40:25 AM4/7/08
to Kences1
BHEL lost ground for the last few days and had a big pain among the
short term investors.The stock had fallen from 2070 levels to 1600
levels in a week time with volume is a another worry for the stock.Now
stock may test lower level of 1550-1600 in coming days.Investor may
Buy/Accumulate BHEL @ current levels for the price target of 1772/1897
in coming months.All long positions to be protected with the strong
stoploss below 1500 levels.Note:BHEL is a pure invesment stock and
this recommendation is not for short term & swing traders.
K.Karthik Raja
www.kences1.blogspot.com
short term investors.The stock had fallen from 2070 levels to 1600
levels in a week time with volume is a another worry for the stock.Now
stock may test lower level of 1550-1600 in coming days.Investor may
Buy/Accumulate BHEL @ current levels for the price target of 1772/1897
in coming months.All long positions to be protected with the strong
stoploss below 1500 levels.Note:BHEL is a pure invesment stock and
this recommendation is not for short term & swing traders.
K.Karthik Raja
www.kences1.blogspot.com
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