Buy BHEL 270 call: Rahul Shah

Rahul Shah of Motilal Oswal Securities told CNBC-TV18, "Entire capital goods sector has been an outperformer in the month of June and which has continued in this month as well. Bharat Heavy Electricals (BHEL) should catch up with that and we have seen some longs also getting added in the stocks. So I would play with buying Call option in this. I would buy 270 Call with a stop loss of Rs 4.50 and a target of Rs 12."

At 12:44 hrs Bharat Heavy Electricals was quoting at Rs 268.80, down Rs 0.05, or 0.02 percent. It has touched an intraday high of Rs 268.85 and an intraday low of Rs 265.40.

Disclosure: Analyst does not have any personal interest but he has already discussed all these ideas to our clients.