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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 2024-05-16 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 48241

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	3659.00	3499.00	3688.00	3477.60	4.967 times
15 Wed May 2024	3457.60	3280.00	3479.90	3272.00	2.234 times
14 Tue May 2024	3232.50	3198.70	3260.00	3170.05	0.514 times
13 Mon May 2024	3204.25	3154.15	3251.00	3075.05	0.713 times
10 Fri May 2024	3128.15	3189.25	3197.20	3100.05	0.497 times
09 Thu May 2024	3159.50	3321.00	3337.95	3139.70	0.792 times
08 Wed May 2024	3337.25	3200.00	3430.00	3138.75	1.167 times
07 Tue May 2024	3153.30	3320.00	3320.00	3129.70	1.316 times
06 Mon May 2024	3295.70	3307.00	3350.00	3230.00	0.801 times
03 Fri May 2024	3295.75	3328.90	3350.00	3238.05	0.875 times

Stock of Bharat Bijlee (BBL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 2572.5 or till 893.8. Use a stoploss of 3971.44 and if the stock hits stoploss, then it can shoot up till 5370.35

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3007.30
Downside Target	3075.05
Downside Target	3180.00
Downside Target	3350.00
Downside Target	3430.00
Upside Target	3688.00
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	7000.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	3260.03
Downside Intraday Target	2861.07
Upside Intraday Target	3872.98
Upside Intraday Target	4086.97
Downside Intraday Target	3474.02

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	3659.00	3154.15	3688.00	3075.05	1.843 times
10 Fri May 2024	3128.15	3307.00	3430.00	3100.05	1.057 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Bijlee (BBL)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	3659.00	3234.30	3688.00	3075.05	0.667 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 to mid 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 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 Weak and stock is losing momentum.

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

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 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 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 3420.99 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 negative.

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