BHEL looks good for long term: Ashwani Gujral

It had a stiff resistance around 2150 and today has generally been a good day for capital goods.

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, on BHEL.

What is the call on BHEL?

It had a stiff resistance around 2150 and today has generally been a good day for capital goods. Once we maintain above 2150, it is easy to see levels of 2350-2400, that should happen in case market is to go higher. So BHEL and other capital goods stocks are looking good after a long time.
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