BHEL may slip to Rs 220-225, says Rahul Mohindar, Viratechindia.com.
Mohindar told CNBC-TV18, "In BHEL we might move around to a Rs 220-225 which is the previous bottom area. It would be difficult to say that we would move much lower. I don't see this an immediate shorting opportunity and what we saw yesterday was savage and sudden."
He further added, "It doesn't call for an immediate sell, so probably people will look for intraday upsides to sell into it or get out of it but my sense is it is really not a good short bet. I think slowly and steadily it might just hang around here and move towards Rs 225."
