In today's volatile market, expert analysts at Angel One, led by Sameet Chavan, have shared their insights on two prominent stocks. For short-term traders, Bharat Heavy Electricals Ltd (BHEL) is being recommended on the short side, while Berger Paints presents a promising opportunity on the long side.

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According to Sameet Chavan, BHEL is showing signs of a potential shorting opportunity. He foresees some decent profit booking in the next couple of days, indicating a favorable scenario for short positions.

As a trader, Sameet suggested initiating a short position at current levels. He advised keeping a stop loss at Rs 103.50 to mitigate risks and manage potential losses. The next critical support levels to monitor are between Rs 95 and Rs 93, which could serve as potential profit targets for short-term traders eyeing a bearish trend.

The stock has witnessed a gain of over 13 percent in the past month, making it an attractive option for traders looking to capitalize on the downside movement.

On the flip side, Sameet Chavan identified Berger Paints as a strong contender for long positions. Despite the market trends, this stock has displayed resilience and managed to break out decisively with substantial trading volume. Such indications signify the stock's potential for future growth, making it an attractive option for traders seeking bullish opportunities.

Sameet advised traders to go long on Berger Paints at current levels, with a suggested stop loss set at Rs 692 to safeguard against unexpected market fluctuations.

He identified the next critical resistance levels at Rs 725 to Rs 730, which could act as potential targets for profit-taking.

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