BHEL 1 Day Time Frame

335
📌 Current Price (Approx): ~₹262.8 – ₹263 (during trading hours)

📊 Daily Pivot & Key Levels (1-Day Timeframe)

📈 Pivot Zone
Pivot Point: ~₹262.98

🟥 Resistance (Upside Levels)
R1: ~₹264.97 – ₹265.0 (immediate resistance)
R2: ~₹267.13 – ₹267.1 (next level)
R3: ~₹269.12 – ₹269.1 (higher resistance)

🟩 Support (Downside Levels)
S1: ~₹260.82 – ₹260.8 (first strong support)
S2: ~₹258.83 – ₹258.8 (second support)
S3: ~₹256.67 – ₹256.7 (deeper support)

🧠 Interpretation (Daily Chart Context)
Above Pivot (~₹262.9): Bias slightly positive; buyers may target R1 ~₹265 first.
Below Pivot: If price dips under pivot, watch S1 ~₹260.8; a break weakens short-term view.
Strong Zones:
Bullish breakout if it sustains above R2 ~₹267 and heads to R3 ~₹269+.
Bearish pressure if it closes below S2 ~₹258.8 — room down to S3 ~₹256.7.

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