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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 2024-05-08 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 76690

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	3337.25	3200.00	3430.00	3138.75	0.734 times
07 Tue May 2024	3153.30	3320.00	3320.00	3129.70	0.828 times
06 Mon May 2024	3295.70	3307.00	3350.00	3230.00	0.504 times
03 Fri May 2024	3295.75	3328.90	3350.00	3238.05	0.55 times
02 Thu May 2024	3312.30	3234.30	3323.35	3190.00	0.686 times
30 Tue Apr 2024	3244.45	3244.30	3313.00	3231.90	0.88 times
29 Mon Apr 2024	3224.20	3250.00	3275.00	3180.00	0.606 times
26 Fri Apr 2024	3231.95	3150.00	3247.45	3007.30	1.896 times
25 Thu Apr 2024	3135.00	3318.05	3318.05	3111.00	2.367 times
24 Wed Apr 2024	3320.90	3430.00	3489.00	3292.00	0.818 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3251.4 as stoploss in an intra day buy trade for a target of 4977.48. However, stock will show a bearish move below 3251.4.

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3007.30
Downside Target	3129.70
Upside Target	3350.00
Upside Target	3430.00
Upside Target	4340.10
Upside Target	4750.00
Upside Target	5012.05
Upside Target	5428.40
Upside Target	6085.00
Upside Target	6301.00
Upside Target	6490.00
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	3167.97
Downside Intraday Target	2998.68
Upside Intraday Target	3468.27
Upside Intraday Target	3599.28
Downside Intraday Target	3298.98

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	3337.25	3307.00	3430.00	3129.70	0.759 times
03 Fri May 2024	3295.75	3250.00	3350.00	3180.00	0.406 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

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
08 Wed May 2024	3337.25	3234.30	3430.00	3129.70	0.234 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

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 losing 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 3230.35 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 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.