
BHEL
BHEL is near its 200 DMA and crossing over the same can above 240 can see a quick move till 245-250
Buy above 240 Tgt 243,247 and 248
Sell below 236 Tgt 234,232 and 229
GVK PIL
GVK PIL bounced from 12-14 and is near its important resistance of 200 DMA @14.3. Any move above it will continue the uptrend else a pull back can be expected.
Buy above 14.4 Tgt 14.6,15 and 15.6
Sell below 13.9 Tgt 13.65,13.3 and 13
Hindalco
Hindalco has formed a Double top of 118.85, Unable to cross the same will invite an correction.
Sell in range of 118.5-119 Tgt 117.2,116 and 114.4