Friday 3 April 2015

Stock update: BHEL (Positional call)

About BHEL:

BHEL is part of the Infrastructure sector in Indian share market. BHEL is an integrated power plant equipment manufacturer and It is one of the largest engineering and manufacturing company. BHEL engaged in the design, engineering, manufacture, construction, testing, commissioning and servicing of a wide range of products and services for the core sectors of the economy. Power, Transmission, Industry, Transportation (Railway), Renewable Energy, Oil & Gas and Defense with over 180 products offerings to meet the needs of these sectors.


BSE code for BHEL is 500103 and NSE code for this stock is BHEL.


Recent achievement:


BHEL has achieved another milestone with the commissioning of the second 800 MW supercritical boiler at Sri Damodaram Sanjeevaiah Thermal Power Plant (SDSTPP) at Krishnapatnam in Nellore District of Andhra Pradesh. Significantly, this is the second 800 MW rating and also the highest rating (800 MW) indigenous boiler to be commissioned in the country. The first 800 MW boilers were commissioned earlier by BHEL at the same project on 28th August, 2014. The commissioning of the two 800 MW boilers at Krishnapatnam is an important development for the country seeking to achieve self-reliance in the field of contemporary, state-of-the-art supercritical technology and demonstrates BHEL's capability in the area of supercritical technology.




The key equipment for the project has been manufactured by BHEL at its Trichy, Hyderabad, Ranipet and Bengaluru plant, construction of which was undertaken by the company's Power Sector - Southern Region. BHEL has so far contracted 36 sets of supercritical boilers out of which 4 boilers have been commissioned and the rest are in various stages of execution. These orders include orders from Central and State sectors as well as private sector developers. To keep abreast of the latest technologies in thermal power generation, BHEL has already taken up the indigenous development of the Advanced Ultra Supercritical (AUSC) technology with NTPC and IGCA.

Expected movement for this Month:


BHEL was last traded at Rs 231.80, down 1.34%.I strongly believe this stock is good investment stock for the next three months. And we can buy this stock at 200 to 210 level.And hold this stocks till expiry. It will be touch 250 level very soon as we are expecting good quarter results and It got many project from some state. I think there is not much downside left from current trade price.It can't go down below 200 to 215 levels.


According to the last month High and low value, If it crosses 256.01 then it will surely touch 261.37.


Tips to buy:

Lot size for BHEL is 1000. 


Buy 1 lot of 240 CALL @ 5 (or below)

Buy 1 lot of 230 PUT @ 9 (or below)

Note:We have to buy both the option , Then only we can get a profit. 


Target for this call is 20.






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