BHEL has been in impulse wave since 2020 & is completing Wave 3 of lager wave (3) so 1 more wave looks pending a close above 280 would be first sign of correction has ended & the recent low was wave 4 which ended in ABC in a irregular flat or we might make a new low but should end between 234-224 right now shorts are not a good idea in current wave structure.
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The rise from the lows of 249.45 is clear 5 waves on hourly charts & the pullback books clear 3 waves holding 270-265 it can start wave 3 UP. 
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