BHEL shows strong sell signals with all moving averages bearish (MA5-200 below price), RSI(14) at 25 oversold, and MACD negative amid trading around ₹240-280.
High volatility (ATR 2.2) and STOCH sell pressure test supports near ₹236-238, with recent price drop from ₹290 highs.
Oversold conditions hint at rebound potential to ₹300 resistance on volume, but prefer buys above pivot ₹240 with stop-loss below S3 ₹236.
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