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Avoid BHEL: Jain
Rajesh Jain of SMC Global Securities is of the view that one should avoid BHEL till it doesn’t build up a movement. It took a counter rally at about Rs 2040 to Rs 2050 but since then its been just falling.
Rajesh Jain of SMC Global Securities is of the view that one should avoid BHEL till it doesn't build up a movement.
Jain told CNBC-TV18, "BHEL is overall just falling, it took a counter rally at about Rs 2040 to Rs 2050 but since then its been just falling. So at the time one should just ignore the stock currently till it doesn't build up a movement as I would say".
Disclosure: It would be safe to assume that analyst and his clients may have a position in the stocks discussed above.