Buy BEML; target 515: Mitesh Thacker

Mitesh Thacker, Technical Analyst, miteshthacker.com in an interview with ET Now talks about BEML.

What is the call on BEML?

I have got a buy on BEML as well. A very strong price action on the Diwali day. 515 is the price target where I suspect the stock price could face some kind of a supply. 487 would be the stop loss for long positions here. I am not sure how many trades can be executed today because a lot of stocks will open higher than what they have closed at from the day before yesterday's level.