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BHEL
Long

BHEL - Make in India, Story of a bull

167
This has been the stock worth watching and putting once money in the current overheated market if that is the perception. Hit low of around 20 made subsequent move towards 43 (current wave 1), subsequent fall towards 29 marks the correction as wave 2 (roughly 50%). We are in the start of wave 3 and hence the best wave to get in. Any fall due to the overall softer bias today provides opportunity to get in this place. First target is towards 60 and then toward 75 stops 27.30 (View negates, on daily close basis). Stay Long. Stay Focused.

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