BHEL poised for Upside Breakout: Key Support Holds

current hourly chart shows a positive bias—after a strong bounce from the 205–210 support zone, the stock has regained momentum and is now consolidating above 227. As long as the price sustains above 227, the trend remains bullish and there is potential for a further move towards 236 in the short term. Any dip towards the 227–229 region is likely to attract buying interest, making it a favorable zone for accumulating. However, if the stock closes below 227, it may lose momentum and see some profit-booking or minor correction. For now, traders can maintain a buy-on-dips approach with stop-loss below 227 and plan to book profits near the 236 resistance zone.