BHEL chart was discussed in Sep 2022 under the above post. Since then stock price has shown good move from levels of 60 to currently above 80. Now once the major resistance of 80 (4 year high) is cleared, there could be some consolidation in price. The previous resistance zone of 77-80 should be watched for support on declines and then on signs of reversal from consolidation, one can consider buying.
In the attached chart the previous resistance zone is marked by two horizontal blue lines.
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