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BHEL has maximum strength: Bose

Published on Tue, Jul 08, 2008 at 17:00 , Updated at Tue, Jul 08, 2008 at 17:15
Source : CNBC-TV18

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Technical Analyst, Rajat K Bose is of the view that BHEL in my opinion has the maximum relative strength.

Bose told CNBC-TV18, "BHEL in my opinion has the maximum relative strength. Larsen & Toubro (L&T) has come close to a resistance zone of around Rs 2,400-2,430, if it manages to cross that level then definitely L&T would acquire similar kind of strength and can head higher."

He further added, "Siemens so far has been showing a good strength but today it was bit wobbly, let it cross Rs 484 then one will see a good movement. As far as ABB is concerned, I would be looking at Rs 885 to Rs 891 range, if it manages to get past that then you will see good move happening out there."

Disclosure: It is safe to assume that analyst & his clients may have an investment interest in the stocks/sectors discussed.

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sell bhel -target of 800

Good idea, but sellinf 1 tatamotors is like sellind 1/10 of bhel/rel So witohut selling tatamotor if you sell bhel...

in BHEL - gdd at 20-Nov-08 11:29

Venturing J V

Amid a shortage of critical equipment for nuclear plants globally, Bharat Heavy Electricals Ltd (BHEL) is planning ...

in BHEL - rvk41 at 20-Nov-08 01:03

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