Buy BHEL for the target prices of Rs 255/257.50/Higher with a stop loss of Rs 247.5: ICICIDirect
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Last Updated: Wed, Jan 04, 2012 09:42 hrs
We said, "Hammer can be +ve on follow-up buying sustaining above its head ..." Index opened gap-up above the head. Gaining further through the day, it ended a smart 421 points or 2.7% higher. Beaten down sectors like Metals, Cap. Goods, Banks and Realty shot up by over 4%, and A/D ratio improved to over 8:1.
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