BHEL may test Rs 170-171, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharat Heavy Electricals (BHEL) is a green chart. It should break Rs 170-171 soon enough. I don't know today but in the next few days and that will push it towards Rs 200. And that also reflects by broadly bullish bias for the market."

At 10:41 hrs Bharat Heavy Electricals was quoting at Rs 167.40, up Rs 0.20, or 0.12 percent. It has touched an intraday high of Rs 169.50 and an intraday low of Rs 165.55.

The share touched its 52-week high Rs 210 and 52-week low Rs 100.35 on 28 February, 2013 and 20 August, 2013, respectively. Currently, it is trading 20.29 percent below its 52-week high and 66.82 percent above its 52-week low. Market capitalisation stands at Rs 40,972.82 crore.