InvestIn10

BHEL Short - Distribution in progress

Short
NSE:BHEL   BHARAT HEAVY ELECT
  • Valuation (P/E) has priced in the recent growth -> future Stock upward movement depends on Positive Earnings surprise
  • Possible Medium term targets mentioned on chart
  • Will revisit stock after a quarter
  • Expecting either a Sideways or Downward movement till then

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