Buy BEML, Tata Chemicals: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would buy BEML with a stoploss of Rs 1,490 for a target of 1,750. Tata Chemicals has given a breakout today. I see further move continuing and it can be bought on little bit of a correction. Buy it with a stoploss of Rs 615 and target of Rs 720. Both these calls are anywhere between 6-12 months’ time horizon."

At 15:28 hrs BEML was quoting at Rs 1,567, up Rs 48.65, or 3.20 percent. It has touched a 52-week high of Rs 1,583.15.