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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 2024-02-09 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 108594

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	5936.55	5950.00	6000.00	5635.15	0.606 times
08 Thu Feb 2024	5914.75	5744.15	6038.00	5676.20	1.505 times
07 Wed Feb 2024	5686.65	5354.05	5904.00	5354.05	2.231 times
06 Tue Feb 2024	5307.90	5158.55	5350.00	5070.00	0.36 times
05 Mon Feb 2024	5110.90	5100.00	5190.00	5052.55	0.233 times
02 Fri Feb 2024	5058.90	5325.00	5422.45	5012.05	0.58 times
01 Thu Feb 2024	5289.70	5286.00	5350.00	5150.10	0.354 times
31 Wed Jan 2024	5265.90	5281.90	5403.25	5230.00	0.277 times
30 Tue Jan 2024	5303.60	5348.20	5428.40	5255.00	0.646 times
29 Mon Jan 2024	5348.10	4882.25	5400.00	4833.70	3.399 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6067.5, for a target of 5474.9 or 4981.07

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	4747.70
Downside Target	5012.05
Downside Target	5419.95
Downside Target	5428.40
Upside Target	6038.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	5313.4
Downside Intraday Target	4690.25
Upside Intraday Target	6298.85
Upside Intraday Target	6661.15
Downside Intraday Target	5675.7

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	5936.55	5100.00	6038.00	5052.55	0.939 times
02 Fri Feb 2024	5058.90	4882.25	5428.40	4833.70	4.932 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

Price has moved up 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
09 Fri Feb 2024	5936.55	5286.00	6038.00	5012.05	0.37 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 stronger in this stock.

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 5510.5 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.