Buy BHEL, Infosys; Avoid Union Bank, Says Gaurav Bissa

Nifty may continue to mover higher in April, but investors should not expect the kind of moves witnessed in March, says Gaurav Bissa, derivatives analyst with LKP Securities. Investors should not go short at current levels, he added. (Watch)

Stock Talk

Buy BHEL with stop loss at Rs 110 for target of Rs 125.

Avoid Union Bank of India: The stock is trading in a narrow range. At current levels, investors should avoid going long. If investors want to buy this stock, they can buy on dips around Rs 132-133.

Buy Infosys:  Rs 1,200 is crucial level for Infosys and if it sustains above Rs 1,200 it can showcase an upmove of 5-7 per cent. Investors can buy this stock around Rs 1,200.