Diwali Muhurat Stock Picks 2024: BEL To BHEL Among PL Capital's Top Stocks To Buy This Samvat 2081

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..PL Capital Report.Bharat Electronics (Current Market Price: Rs 284, Target: Rs 426, Stop Loss: Rs 240)The stock has witnessed a decent erosion since the last three months from the peak zone of 340 to take support near the 265 zone to form a double bottom formation on the daily chart and indicated a pullback to improve the bias. A decisive move past the significant 50EMA zone at 290 shall further strengthen the trend to anticipate for further rise. The RSI is well placed at current rate and with much upside potential visible from current rate, the chart is technically looking very attractive, and we suggest buying the stock for an upside positional target of 426 keeping the stop loss at 240 level..Bharat Heavy Electricals (Current Market Price: Rs 254, Target: Rs 390, Stop Loss: Rs 215)The stock after sliding down from the peak zone of 335 levels, has been hovering around the 260-270 band for quite some time which is near the important 200 period MA zone and recently, once again has witnessed a short period of correction from 290 zone to take support near the strong base at around 250-254 levels and has indicated a revival with a pullback to improve the bias. The RSI has indicated a positive trend reversal to signal a buy and can carry on with the positive move further ahead with much upside potential visible from current rate. With the chart technically well placed, we suggest to buy the stock for an upside positional target of 390 keeping the stop loss of 215 level..Click on the attachment to read the full list of Diwali picks By PL Capital:.Diwali Stock Picks Reviewed: Brokerages That Gave Best Recommendations Last Samvat.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Diwali Muhurat Stock Picks 2024: BEL To BHEL Among PL Capital's Top Stocks To Buy This Samvat 2081

Take a look at the top stocks picks by PL Capital for Samvat 2081.

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