BHEL may slip to Rs 225- 230, says Devangshu Datta, Consulting Editor, Outlook.
Datta told CNBC-TV18, "BHEL is flattening out now but over the next 3 sessions or so you might get a test of the 225-230 levels. IVRCL and every infrastructure stock pretty much except Tata Power has lost ground today. At least all those that are in the derivate segment. So it looks as though if this is a full on correction it looks as though that sector will lead the correction so to speak."
He further added, "I would prefer however to be fairly selective now because you are moving into the last stages of a session where there will be people booking profits on short positions and you might get little bit of firming up in infrastructure."
