Bharat Bijlee Limited

BBL - Wait for correction, RSI overbought. Best to buy at 3400

370
BBL - one of the finest stock of Power sector. It has been growing steadily while dealing in
Power Transformers, Electric Motors, Automation systems, EPC Projects sector.

The stock should be in your portfolio to catch the growth of Powersector, however the stock is at peak. There was a gap created which ideally should be filled. One should wait for correction and accumulate stock between 3400 to 3800.

Strict Stop Loss of 3112.

Disclaimer : Educational Post and not a recommendation.

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