Stock Radar: 250% rally in a year! BHEL gave a range breakout on daily charts; time to buy or book profits?

BHEL broke out from a narrow consolidation range since May 2024 on daily charts, signaling potential for new 52-week highs. Experts suggest short-term traders consider buying with a target of Rs 365 in the coming weeks. The scrip surged from Rs 93 on July 11, 2023, to Rs 332 on July 11, 2024, marking a 256% increase in a year.