Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharat Heavy Electricals (BHEL) is in an uptrend but a correction can be quite painful for short-term traders. It could probably go to Rs 150 and it won’t feel like a correction if it goes from Rs 170 to Rs 150."
"At this point the trade is, if one does not like selling it then stay away. If one is willing to go short in it then look towards Rs 150 eventually," he said.
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