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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 2024-02-01 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 78454

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	5289.70	5286.00	5350.00	5150.10	0.489 times
31 Wed Jan 2024	5265.90	5281.90	5403.25	5230.00	0.384 times
30 Tue Jan 2024	5303.60	5348.20	5428.40	5255.00	0.894 times
29 Mon Jan 2024	5348.10	4882.25	5400.00	4833.70	4.705 times
25 Thu Jan 2024	4697.15	4545.45	4747.70	4485.00	0.575 times
24 Wed Jan 2024	4502.05	4404.55	4525.10	4345.40	0.357 times
23 Tue Jan 2024	4404.55	4630.00	4632.90	4377.15	0.382 times
22 Mon Jan 2024	4591.65	4626.60	4677.40	4571.10	0.161 times
19 Fri Jan 2024	4626.60	4574.90	4770.10	4554.00	0.797 times
18 Thu Jan 2024	4572.75	4425.10	4796.90	4424.00	1.108 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5085.3, but if it comes below 5085.3, then a intra day sell could be more profitable.
If you take a sell trade below 5085.3, then use 5085.3 as stoploss and 4783.93 as target. However if you take a buy trade in stock , then use 5085.3 as stoploss and 5446.9 as target.

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3425.00
Downside Target	3571.00
Downside Target	3788.55
Downside Target	3874.00
Downside Target	3980.00
Downside Target	4340.10
Downside Target	4586.00
Downside Target	5010.00
Downside Target	5150.10
Upside Target	5350.00
Upside Target	5419.95
Upside Target	5428.40

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	4939.47
Downside Intraday Target	4589.23
Upside Intraday Target	5534.17
Upside Intraday Target	5778.63
Downside Intraday Target	5183.93

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	5289.70	4882.25	5428.40	4833.70	4.388 times
25 Thu Jan 2024	4697.15	4626.60	4747.70	4345.40	0.306 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Bijlee (BBL)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	5289.70	5286.00	5350.00	5150.10	0.022 times
31 Wed Jan 2024	5265.90	4839.95	5428.40	4340.10	1.698 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

Scroll below to view daily charts

Price has moved up 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 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.

Price action analysis of Bharat Bijlee ( (BBL) ) based on a short to mid 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.

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 BUY signal for Bharat Bijlee in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Bijlee Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Bharat Bijlee in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 5074.76 and Bharat Bijlee (BBL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.