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Its Bad Time for Capital Goods Stocks, BHEL may Weaken in near Term, Short BHEL for Target 1600 Level

By Bhaveek Patel Leave a Comment

BHEL being one the largest electrical equipments manufacturer in India it also manufactures turbines for power companies. The stock price of BHEL suggest that there is more downside possible from current levels. So traders can go short on BHEL future below 1900 level and hold it for the target of 1750 and 1600. Also keeping the stop loss above the 2000 level. It is important to note from technical ... [Continue Reading]

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