Buy BHEL, advises Sudarahan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Bharat Heavy Electricals (BHEL) is a stock that I am very upbeat on. You really want to buy BHEL, it is coming out of a very large trading range, years altogether, something like Hindustan Unilever (HUL). If you look at the charts of Bharat Electronics Limited (BEL), then Bharat Earth Movers (BEML) which had gone corrected and then rallied back, BHEL is doing the same thing. I know that there is so much fundamental news against the stock but I am not worried. This is going up, for today pre-Budget it is an excellent buy."

At 09:21 hrs Bharat Heavy Electricals was quoting at Rs 276.60, up Rs 5.75, or 2.12 percent. It has touched an intraday high of Rs 278 and an intraday low of Rs 275.