Stock Radar: 20% rally in 1 month! BHEL breaks above falling trendline resistance to hot fresh 52-week high
Bharat Heavy Electricals Ltd (BHEL) has surged over 20% in a month, hitting a fresh 52-week high. Experts suggest a bullish outlook, with the stock breaking a downtrend and trading above key moving averages. Analysts anticipate a further rally to Rs 320-330 in the coming weeks, recommending a buy with a stop-loss at Rs 275.
Bharat Heavy Electricals Ltd (BHEL) has surged over 20% in a month, hitting a fresh 52-week high. Experts suggest a bullish outlook, with the stock breaking a downtrend and trading above key moving averages. Analysts anticipate a further rally to Rs 320-330 in the coming weeks, recommending a buy with a stop-loss at Rs 275.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
