Buy Bharat Heavy Electricals: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One would still like to buy Bharat Heavy Electricals (BHEL) now. BHEL is breaking out and today’s range suggests that there is more upside possible by the time the markets close and it is also breaking out of a large trading range, all in all it is a buying opportunity intraday."

At 10:39 hrs Bharat Heavy Electricals was quoting at Rs 149, up Rs 4.85, or 3.36 percent. It has touched an intraday high of Rs 150.50 and an intraday low of Rs 144.80. The share touched its 52-week high Rs 247.50 and 52-week low Rs 100.35 on 07 December, 2012 and 20 August, 2013, respectively. Currently, it is trading 39.8 percent below its 52-week high and 48.48 percent above its 52-week low. Market capitalisation stands at Rs 36,469.24 crore.