Difficult for BHEL to break 2400: Sandeep Wagle

ET Now spoke to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, on his stock recommendations.

ET Now: What are your views on BHEL?

Sandeep Wagle: BHEL is a little sideways. I do not see BHEL crossing 2460 to 2470 in the immediate future.

Downside too, I do not see it breaking 2400. So I would call it very much range bound. Unless one has a long term view which is beyond 3 to 6 months, no point in trading at this point of time.