Resistance and Support levels for BHEL

Bharat Heavy Electricals BSE: 500103 | NSE: BHEL

Resistance (+ / - 5) : 288 / 311 / 340 / 425

Support: (+ / - 5) : 215 / 204 / 194 / 100

Short Term Investors can BUY the stock with an initial target of 275 and a stoploss of 248.(Involves Risk)

If the stock crosses 280; it will reach 288.

288 is a strong resistance.

Read the following link: 

http://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/bhel-hsl-midhani-join-hands-for-indigenous-submarine-project/articleshow/45687284.cms