BHEL may touch Rs 165-167: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "There could be some kind of a correction in Bharat Heavy Electricals (BHEL), but before that it will actually move up to Rs 165-167. After that there could be a minor correction of about 10 percent, because earlier BHEL used to fall to Rs 150 and then react."

"Regarding Larsen and Toubro (L&T) I am very happy that the weekly close above Rs 1,032 is happening. If Voltas stays above Rs 108 then one would expect a considerably good move coming in there," he added.
"Crompton Greaves has moved up considerably. It has given a very sharp move. Now it needs to consolidate, but in the near-term over the next three months, I am expecting Crompton to touch something like Rs 145-150," he said.
"Overall this sector is looking positive. I would definitely say that BHEL gives me a good opportunity, because it has given a substantial breakout today."