Shahina Mukadam, Independent Market Expert told CNBC-TV18, "The numbers were very surprisingly good for BHEL and now it has given a very good break out. If it is able to sustain above, maintain its price performance, I think next six months could be pretty good. We would like to wait for the management commentary. As we saw in the fourth quarter the order book position had improved. There was an expectation that the imports from China would keep it subdued in the first quarter, but let us wait for the management commentary. I think definitely one should hold on and wait for better levels. Keep a stop loss of Rs 130.""I believe one should hold GAIL India. Basically, last year was a very bad year for the company. We have seen a substantial dip in crude oil prices and the implications on the realisations for transportation that they get on the margin business. But this year should be better with stabilisation. There is a good break out that we have seen in the stock and I think one should hold for better levels. I would say something like a Rs 430 would be achievable in the nearer term."
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