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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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BHEL very weak on charts : S1:1145/-

Now BHEL could weaken any time if sensex makes a new low....

in BHEL - vkk43 at 15-Oct-08 09:19

BHEL very weak on charts : S1:1145/-

The intensity of this market correction has ensured that even titans such as BHEL bite the dust. The 61.8 per ce...

in BHEL - Be and Make at 15-Oct-08 08:56

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