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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 2024-05-02 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 72818

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu May 2024	3312.30	3234.30	3323.35	3190.00	0.723 times
30 Tue Apr 2024	3244.45	3244.30	3313.00	3231.90	0.927 times
29 Mon Apr 2024	3224.20	3250.00	3275.00	3180.00	0.639 times
26 Fri Apr 2024	3231.95	3150.00	3247.45	3007.30	1.997 times
25 Thu Apr 2024	3135.00	3318.05	3318.05	3111.00	2.493 times
24 Wed Apr 2024	3320.90	3430.00	3489.00	3292.00	0.862 times
23 Tue Apr 2024	6794.45	6801.00	6890.50	6613.25	0.909 times
22 Mon Apr 2024	6799.70	6900.00	7000.00	6750.05	0.81 times
19 Fri Apr 2024	6761.50	6667.00	6795.00	6580.00	0.414 times
18 Thu Apr 2024	6681.40	6650.05	6737.85	6596.00	0.403 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4058.9, but if it comes above 4058.9, then a intra day buy could be more profitable.
If you take a sell trade below 4058.9, then use 4058.9 as stoploss and 2185.8 as target. However if you take a buy trade in stock , then use 4058.9 as stoploss and 5619.74 as target.

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3007.30
Downside Target	3180.00
Upside Target	3323.35
Upside Target	4340.10
Upside Target	4750.00
Upside Target	5012.05
Upside Target	5428.40
Upside Target	6085.00
Upside Target	6269.85
Upside Target	6490.00
Upside Target	6731.15
Upside Target	6795.00
Upside Target	6994.70
Upside Target	7000.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	3220.42
Downside Intraday Target	3128.53
Upside Intraday Target	3363.77
Upside Intraday Target	3415.23
Downside Intraday Target	3271.88

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu May 2024	3312.30	3250.00	3323.35	3180.00	0.324 times
26 Fri Apr 2024	3231.95	6900.00	7000.00	3007.30	3.931 times
19 Fri Apr 2024	6761.50	6400.00	6795.00	6301.00	0.744 times
12 Fri Apr 2024	6554.80	6600.00	6994.70	6520.00	1.201 times
05 Fri Apr 2024	6554.00	6420.10	6731.15	6269.85	0.479 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
02 Thu May 2024	3312.30	3234.30	3323.35	3190.00	0.049 times
30 Tue Apr 2024	3244.45	6420.10	7000.00	3007.30	1.418 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

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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 4104.35 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 negative.

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