BHEL extends rally to 6th session, jumps 8% on order win from NTPC
The stock was trading in an overbought zone with days RSI and MFI at 73.6 and 81.8 according to Trendlyne data. A number above 70 is considered to be an overbought zone for the stock. BHEL is also trading above its 50-day and 200-day Simple Moving Averages (SMA) according to Trendlyne data.