Sell BHEL at a price target of Rs 218, says Prakash Gaba

In a chat with ET Now,Prakash Gaba of prakashgaba.com, shares his views on BHEL.

ET Now: What is your stock recommendation?

Prakash Gaba: I would like to short BHEL, looks like it has broken down structurally and it should slide down to levels closer to Rs 218. On the upside, I would have a stop loss at Rs 224 and trade the short side on BHEL.