Daily Analysis on

BHEL

Technical Analysis (Daily Chart) •Price Action: BHEL is trading at ₹212.20 after a recent downtrend, showing a small pullback. •Moving Averages: Price remains below short-term (20 EMA) and long-term (200 DMA), indicating a bearish trend. •Parabolic SAR: Dots are above price – bearish sentiment continues. •MACD: Negative, showing weakness but potential for short-term reversal. •RSI (14): At 33.69, nearing oversold zone – possible short-term bounce. Upcoming Events & Impact •Q2 FY26 Results (October 2025) – Market will watch margins and new order inflows. •Government Infrastructure Announcements – Any new PSU funding or renewable push could lift sentiment. •State Elections & Policy Announcements – Increased spending on infra and energy projects could benefit BHEL. •Interest Rate Decisions (RBI/US Fed) – Higher rates may increase borrowing costs, impacting execution.