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BHEL – Nearing 5 year low. At strong support. Can expect a bounce from here
This article was posted on May 18, 2012 and is filed under Market News
BHEL is nearing strong support levels. Its 5 year low is at 190-195 levels. Made the first low in 2007 and then in 2008. Since then it has not seen 190-200 levels. In recent market correction, it has now reached levels of 200. It is likely it sees a bounce back from here. possibly upto 225-230 levels. Resistance now is higher at 250
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BHEL
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