BHEL: Reversal on cards

BHEL:
CMP 137.50

Last month, it was mentioned that BHEL chart is suggesting

A buy on dips towards 133-128 zone can provide better risk::reward ratio



Well the stock reversed exactly from that zone after making a low of 130.80


Going forward, the stock may gain further strength above 142...
Short to medium term Target 147 / 158

SL below 128

Take care & happy trading