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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 2024-05-09 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 75700

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	3159.50	3321.00	3337.95	3139.70	0.505 times
08 Wed May 2024	3337.25	3200.00	3430.00	3138.75	0.744 times
07 Tue May 2024	3153.30	3320.00	3320.00	3129.70	0.838 times
06 Mon May 2024	3295.70	3307.00	3350.00	3230.00	0.51 times
03 Fri May 2024	3295.75	3328.90	3350.00	3238.05	0.557 times
02 Thu May 2024	3312.30	3234.30	3323.35	3190.00	0.695 times
30 Tue Apr 2024	3244.45	3244.30	3313.00	3231.90	0.891 times
29 Mon Apr 2024	3224.20	3250.00	3275.00	3180.00	0.614 times
26 Fri Apr 2024	3231.95	3150.00	3247.45	3007.30	1.921 times
25 Thu Apr 2024	3135.00	3318.05	3318.05	3111.00	2.398 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 3078.3 as stoploss in an intra day buy trade for a target of 4804.8. However, stock will show a bearish move below 3078.3.

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	3049.47
Downside Intraday Target	2939.43
Upside Intraday Target	3349.77
Upside Intraday Target	3540.03
Upside Intraday Target	3239.73

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	3159.50	3307.00	3430.00	3129.70	0.942 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 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
09 Thu May 2024	3159.50	3234.30	3430.00	3129.70	0.269 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Bharat Bijlee in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 3218.89 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.