There are several reasons to Buy this stock:: 1. this company is tractor company and tractors can be the flavor of this month. 2. posted very good numbers this month. 3. fundamentally good company. 4. looking bullish on the charts 5.RSI is also >>60. so in all the terms i found this stock a must buy ...!! for the target of 2275.
This can be a STOCK OF THE WEEK: Cup n Handle Pattern is their on the weekly chart of BHEL.
This stock looks extremely bullish now for short term and positional. I can give several reasons for it: 1. Squeeze breakout on Bollinger Band with heavy Volumes. 2. RSI strong bullish 3.Neckline breakout 4.Sector Bullish 5.Several Positive News now in Banking Sector 6. Most important is very good Risk to Reward Ratio we are getting on cmp for this stock.