Mar 17, 2009, 05.51 PM IST

BHEL can go upto Rs 1450: Gujral

Technical Analyst, Ashwani Gujral is of the view that Bharat Heavy Electricals, BHEL can go upto Rs 1450.

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Ashwani Gujral, Technical Analyst,
Technical Analyst, Ashwani Gujral is of the view that Bharat Heavy Electricals , BHEL can go upto Rs 1450.


Gujral told CNBC-TV18, "Bharat Heavy Electricals Ltd (BHEL) around Rs 1,250 becomes a buy, so that could go up to Rs 1,450 but broadly this is about the beaten up groups. So, one is much more likely to see steam in the metals and the banking stocks."


He further added, " Sterlite Industries has broken out and that could be headed towards Rs 320-325. So that is one stock to look for." 
 
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the stocks/sectors discussed.


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