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(BBL) Bharat Bijlee complete technical analysis [charts+indicators] | Buy/Sell Bharat Bijlee | (BBL) share price targets

Complete technical analysis of Bharat Bijlee (BBL) by charts plus indicators, forecast predictions and share price targets for Bharat Bijlee (BBL)

Bharat Bijlee trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-01-22 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 97887

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	4591.65	4626.60	4677.40	4571.10	0.129 times
19 Fri Jan 2024	4626.60	4574.90	4770.10	4554.00	0.639 times
18 Thu Jan 2024	4572.75	4425.10	4796.90	4424.00	0.888 times
17 Wed Jan 2024	4421.25	4390.00	4525.00	4340.10	0.51 times
16 Tue Jan 2024	4395.25	4502.25	4570.20	4376.00	0.818 times
15 Mon Jan 2024	4534.90	4750.00	4775.00	4515.00	1.004 times
12 Fri Jan 2024	4652.25	4977.00	5419.95	4586.00	5.423 times
11 Thu Jan 2024	4935.85	4882.00	4970.00	4875.00	0.158 times
10 Wed Jan 2024	4896.45	4830.00	4920.00	4821.00	0.148 times
09 Tue Jan 2024	4818.30	4874.90	4969.85	4787.10	0.245 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4568.6 as stoploss in an intra day buy trade for a target of 4735.98. However, stock will show a bearish move below 4568.6.

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3425.00
Downside Target	3535.10
Downside Target	3788.55
Downside Target	3874.00
Downside Target	3980.00
Downside Target	4091.70
Downside Target	4340.10
Downside Target	4571.10
Upside Target	4796.90
Upside Target	4900.00
Upside Target	5010.00
Upside Target	5419.95

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	4549.37
Downside Intraday Target	4507.08
Upside Intraday Target	4655.67
Upside Intraday Target	4719.68
Upside Intraday Target	4613.38

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	4591.65	4626.60	4677.40	4571.10	0.033 times
19 Fri Jan 2024	4626.60	4750.00	4796.90	4340.10	0.629 times
12 Fri Jan 2024	4652.25	4850.00	5419.95	4586.00	3.78 times
05 Fri Jan 2024	4772.50	4839.95	5010.00	4662.05	0.275 times
29 Fri Dec 2023	4832.75	4110.00	4900.00	4091.70	3.897 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Bijlee (BBL)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	4591.65	4839.95	5419.95	4340.10	1.134 times
29 Fri Dec 2023	4832.75	3811.60	4900.00	3788.55	2.081 times
30 Thu Nov 2023	3792.60	3749.00	3874.00	3571.00	1.264 times
31 Tue Oct 2023	3748.25	3648.00	3980.00	3425.00	0.78 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Bijlee (BBL)

Price action analysis of Bharat Bijlee ( (BBL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bharat Bijlee ( (BBL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Bijlee ( (BBL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Bijlee ( (BBL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Bijlee stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Bijlee in short term but the sell signal is initial and weak.

Bharat Bijlee Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Bijlee in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bharat Bijlee is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4610.17 and Bharat Bijlee (BBL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bharat Bijlee (BBL) stock. Volume based technical analysis of Bharat Bijlee (BBL) stock is negative.

Bharat Bijlee Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.