BHEL – ( BUY )

 BHEL – (BUY) 

• Capital Goods major BHEL seems to have completed its consolidation which began 3 weeks back. OI and Volume studies indicate possibility of a fresh up-move in the near term.
• Sustain above 210 for next few days can make the stock test its previous highs of 240-250
• Trade with a positive bias above 210; 
• CMP 216; Targets at 239/250; SL Close below 206