See upside in BHEL, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I would go for Bharat Heavy Electricals (BHEL) because the charts are far better. Larsen and Toubro (L&T) is going through a V-shaped reversal today. BHEL is already reversing by the use of a reversal pattern, which is more reliable and has more upside."

At 10:51 hrs Bharat Heavy Electricals was quoting at Rs 128.85, up Rs 2.05, or 1.62 percent. It has touched an intraday high of Rs 132 and an intraday low of Rs 128.30. The share touched its 52-week high Rs 272.45 and 52-week low Rs 100.35 on 05 October, 2012 and 20 August, 2013, respectively. Currently, it is trading 52.71 percent below its 52-week high and 28.4 percent above its 52-week low. Market capitalisation stands at Rs 31,537.33 crore.