Prefer Larsen & Toubro Over BHEL: Imtiyaz Qureshi

Imtiyaz Qureshi, co-founder and director of Investeria Financial Services, says that a major part of the rally in BHEL is over and one may look at L&T instead for taking fresh long positions. L&T shares look attractive above Rs 1,200 and an upside towards Rs 1,270-1,300 is expected soon, he adds.