Here's a weekly chart of BHEL which is having strong support at 197 level.
since 16th march 2007, this level is not broken. price tested this
level 4 times & bounced back... this is for the 5th time BHEL again
came nearer to this level... WE CAN SEE SOME SERIOUS DAMAGE TO THIS
STOCK BELOW 197. downside targets are 172, 151. As far as stock holds
this level, we can see upside upto 210, 220..
CMP 201... sell below 197 only... (positional)
