Stay invested in BHEL: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "I am personally holding BHEL in my portfolio and I have taken it on a long term basis and at a lower level. Having said that, if you say near term, then it needs to cross the Rs 100 mark. If it were to cross the Rs 100 mark, then probably there will be some good move that will take it up to say Rs 125-128."

"However, till such time it takes out Rs 100, I don’t think you can expect an immediate move. Rather a consolidation is in order. However, personally I would suggest that holding on to this stock with a stoploss below Rs 75 on closing price basis would be the best thing to do. However, do not expect any fireworks here at this point in time," he said.