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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 2024-04-02 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 49066

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	6399.15	6380.80	6525.00	6286.95	0.654 times
01 Mon Apr 2024	6349.05	6420.10	6496.15	6269.85	0.592 times
28 Thu Mar 2024	6416.15	6188.00	6490.00	6084.05	1.56 times
27 Wed Mar 2024	6135.00	5822.25	6415.95	5822.25	3.244 times
26 Tue Mar 2024	5881.45	5549.55	5945.00	5445.00	1.429 times
22 Fri Mar 2024	5483.55	5449.60	5508.50	5374.65	0.292 times
21 Thu Mar 2024	5407.45	5202.00	5505.00	5202.00	0.729 times
20 Wed Mar 2024	5188.90	5078.00	5229.65	5031.40	0.355 times
19 Tue Mar 2024	5030.85	5131.10	5179.95	4991.80	0.979 times
18 Mon Mar 2024	5180.10	5110.00	5217.20	5030.00	0.329 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6060.2, but if it comes below 6060.2, then a intra day sell could be more profitable.
If you take a sell trade below 6060.2, then use 6060.2 as stoploss and 5593.23 as target. However if you take a buy trade in stock , then use 6060.2 as stoploss and 6620.6 as target.

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3788.55
Downside Target	4340.10
Downside Target	4750.00
Downside Target	4900.00
Downside Target	5400.00
Downside Target	5671.70
Downside Target	5980.00
Downside Target	6269.85
Upside Target	6490.00
Upside Target	6525.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	6271
Downside Intraday Target	6142.85
Upside Intraday Target	6526.15
Upside Intraday Target	6653.15
Downside Intraday Target	6398

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	6399.15	6420.10	6525.00	6269.85	0.2 times
28 Thu Mar 2024	6416.15	5549.55	6490.00	5445.00	2.321 times
22 Fri Mar 2024	5483.55	5110.00	5508.50	4991.80	0.899 times
15 Fri Mar 2024	5158.25	5670.00	5671.70	4750.00	1.596 times
07 Thu Mar 2024	5626.75	5943.30	5980.00	5400.00	0.531 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
02 Tue Apr 2024	6399.15	6420.10	6525.00	6269.85	0.08 times
28 Thu Mar 2024	6416.15	5702.00	6490.00	4750.00	0.697 times
29 Thu Feb 2024	5706.55	5286.00	6085.00	5012.05	0.635 times
31 Wed Jan 2024	5265.90	4839.95	5428.40	4340.10	1.698 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 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 gaining 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 buy signal for Bharat Bijlee in short term and BUY signal is strong.

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 5930.69 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.