MTECHTIPS:- BHEL :- BHEL is in HOLD LONG position In short term share is in strong up trend so hold with stop at 129 The BHEL is now trading in highly oversold level. The oscillator is showing BUY signal .The short term buy signal is supported by 88 % indicators.
Intraday trend-Buy is advised above 133.4 with a stop at 130.1 Below 129.2 go for sell with stop at 132.5 The intraday signal is BUY and it is only supported by 40 % indicators.