Hemant Thukral of Aditya Birla Money told CNBC-TV18, "Bharat Heavy Electricals (BHEL) was outperforming before the results. It will see some supportive buying coming around Rs 225-230. If only it breaks below the Rs 225, you will have to re-visit back towards the lower level of Rs 200."
"The Friday's move has disturbed the charts a little bit so now I will only buy if it manages to cross above Rs 255. Unless until that doesn’t happens more chances are that BHEL may come off and actually first test Rs 225 and if it breaks then it is heading back towards Rs 200," he said.
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