Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "Yesterday we witnessed strong upmove in Bharat Heavy Electricals Limited (BHEL) and today it has broken 50 day moving average. We may see further upmove and it can test Rs 232. You can buy the stock at current level and keep a stoploss below Rs 220."
At 14:11 hrs Bharat Heavy Electricals was quoting at Rs 221.70, up Rs 2.85, or 1.30 percent. It has touched an intraday high of Rs 224.80 and an intraday low of Rs 213.65.
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