Buy BHEL for the target prices of Rs 244/246.30/Higher with a stop loss of Rs 237.2: ICICIDirect

Last Updated: Thu, Jan 03, 2013 05:00 hrs

We said, "Index opened the next up leg ... Bias positive as long as gap-up area holds ..." Index opened with another gap-up, and finished 133 pts or 0.6% higher. Dollar-based Indices did better on Rupee strength. Sectorally, Con.Durable, Cap.Goods and Oil&Gas Indexes outperformed. The A/D ratio remained positive at 2:1.


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