IIFL view on BF Utilities, BHEL

Manoj Murlidharan Vayalar, Associate Vice President-Derivatives, IIFL view on BF Utilities, BHEL.

Murlidharan told CNBC-TV18, “BF Utilities somewhere close to Rs 420 now so keep a tight stop loss of Rs 415-416 on that and we are expecting close to Rs 442 on that." He further added, "BHEL and L&T this would be the two stocks, the reason why I am saying is cap goods is actually seeing – there were good rollovers which happen even in the last month. We feel BHEL might get into a good momentum mode, it is somewhere close to Rs 220-223 keeping a stop loss of Rs 216-218 and we are expecting close to Rs 232.”