SP Tulsian of sptulsian.com told CNBC-TV18, "One may need to take a call in Bharat Heavy Electricals (BHEL) may be at a level of about Rs 105 because again going by the technical's I will place BHEL also in the same category of Tata Steel and Ranbaxy Laboratories. In fact the forces are helping the stock to move up may be for a limited period, which I am expecting it to fizzle out may be by weekend. So, look for a level of Rs 105."
"The moment the deal in Jaiprakash Associates will get consummated of their Gujarat Cement plant of 5 million tonne definitely that will be seen getting reflected into the share price of the company and I am expecting the share to move to a level of Rs 38-40," he said.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!