Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-16 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 83862

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	5806.25	5869.00	5936.85	5779.95	0.262 times
15 Thu Feb 2024	5812.55	5891.60	5891.60	5650.05	0.525 times
14 Wed Feb 2024	5797.40	5750.00	6069.00	5697.35	1.23 times
13 Tue Feb 2024	5769.40	5807.00	5899.00	5611.00	0.488 times
12 Mon Feb 2024	5797.30	5985.00	6085.00	5744.30	0.615 times
09 Fri Feb 2024	5936.55	5950.00	6000.00	5635.15	0.785 times
08 Thu Feb 2024	5914.75	5744.15	6038.00	5676.20	1.948 times
07 Wed Feb 2024	5686.65	5354.05	5904.00	5354.05	2.889 times
06 Tue Feb 2024	5307.90	5158.55	5350.00	5070.00	0.467 times
05 Mon Feb 2024	5110.90	5100.00	5190.00	5052.55	0.302 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5802.5, but if it comes below 5802.5, then a intra day sell could be more profitable.
If you take a sell trade below 5802.5, then use 5802.5 as stoploss and 5301.39 as target. However if you take a buy trade in stock , then use 5802.5 as stoploss and 6403.7 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	4747.70
Downside Target	5012.05
Downside Target	5428.40
Downside Target	5611.00
Upside Target	6038.00
Upside Target	6085.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	5583.17
Downside Intraday Target	5360.08
Upside Intraday Target	6057.17
Upside Intraday Target	6308.08
Upside Intraday Target	5834.08

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Feb 2024	5806.25	5985.00	6085.00	5611.00	0.488 times
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

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
16 Fri Feb 2024	5806.25	5286.00	6085.00	5012.05	0.522 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

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

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 coming down

CCI has generated a buy signal for Bharat Bijlee in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5753.1 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.