BHEL rises on Hydrogen MoU, but weak charts cap recovery hopes
BHEL gained nearly 2% after signing a 10-year hydrogen fuel cell pact with Singapore's Horizon Fuel, aligning with India's net zero push. However, the stock trades below all key moving averages, with resistance at ₹230-₹235 and breakout only above ₹270. Support rests at ₹210, and momentum indicators stay bearish despite bullish sentiment turning positive post-deal.