Buy BHEL , says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "BHEL is a big mover likely to be today also and in the near future, it's likely to be an outperformer and I would be buying it. Ideally you want to wait for a deep intraday correction when you enter it, you get that much better price but the target are Rs 295 even Rs 300. BHEL does appear to be bottoming out now almost on the larger timeframes."
He further added, "There is a word of caution for most of the stocks. They have moved more and the trend is up, so the money is going to be made when you buy them. But that doesn't mean you have to buy them now after such big movements, ideally you want to time your buying either for an intraday trader, you want to look for an intraday consolidation and intraday dip but with that understanding Suzlon is ready for more because its now breaking out of a base, it fell from very lofty levels, so even at these levels there is much more upside possible."
