Book Profits In Bhel, Raymond And L&t Shares, Suggests Anand Rathi

Indian benchmark indices kicked disconnected nan week connected a muted statement connected nan backmost of profit booking aft a beardown emergence successful nan past week. Traders are now shifting their attraction towards Q1 earnings, economical information and India-US waste and acquisition deal. BSE Sensex tanked 452.44 points, aliases 0.54 per cent, to settee astatine 83,606.46, while NSE's Nifty50 dropped 120.75 points, aliases 0.47 per cent to adjacent astatine 25,517.05 for nan day.

Select buzzing stocks including Bharat Heavy Electricals Ltd (BHEL), Raymond Ltd and Larsen & Toubro Ltd (L&T) are apt to stay nether nan spotlight of traders for nan convention today. Here is what Mileen Vasudeo, Senior Technical Analyst astatine Arihant Capital Markets has to opportunity astir these stocks up of Monday's trading session:

Bharat Heavy Electricals | Book Profits

BHEL appears stretched aft delivering an awesome 54 per cent rally complete nan past 3 months. The banal is now approaching a beardown guidance area astatine Rs 270–275, wherever nan monthly Camarilla Pivot R3 besides aligns—signalling imaginable proviso pressure. We urge booking profits astatine existent levels and avoiding caller longs, arsenic nan risk-reward is nary longer favourable astatine this juncture.
 

Raymond | Book Profit

Raymond has witnessed a robust 73 per cent up move complete nan past 3 months, but nan banal now seems to beryllium entering a captious guidance area of Rs 710–720, which besides aligns pinch nan monthly Camarilla Pivot R3—a level wherever upside often faces trading pressure. We propose locking successful gains astatine existent levels and refraining from agelong caller positions, arsenic nan risk-to-reward ratio nary longer favours caller entries.
 

Larsen & Toubro | Book Profit

Following a beardown 26 per cent rally complete nan past 2 months, L&T is now nearing a important guidance scope of Rs 3,700–3,750, which coincides pinch nan monthly Camarilla Pivot R3—a level often associated pinch proviso emergence and imaginable reversal. With nan risk-reward nary longer favourable, it’s wise to book profits astatine existent levels and clasp disconnected connected initiating caller longs until a clearer setup emerges.

Published on: Jul 1, 2025 7:26 AM IST