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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 2024-06-06 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 60181

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	4169.55	4090.30	4298.00	4071.30	0.747 times
05 Wed Jun 2024	4050.30	4099.90	4172.00	3725.95	1.369 times
04 Tue Jun 2024	4107.80	4610.95	4610.95	4107.80	1.632 times
03 Mon Jun 2024	4564.20	4601.00	4620.00	4361.55	1.481 times
31 Fri May 2024	4312.50	4240.00	4350.00	4225.00	0.311 times
30 Thu May 2024	4256.90	4334.00	4334.00	4214.50	0.426 times
29 Wed May 2024	4318.30	4149.05	4356.50	4125.00	0.806 times
28 Tue May 2024	4156.85	4336.00	4380.00	4120.00	0.938 times
27 Mon May 2024	4334.95	4560.00	4560.00	4320.00	0.77 times
24 Fri May 2024	4505.35	4560.00	4566.95	4380.05	0.828 times

My analysis of stock is bullish for shortterm, and stock might move up till 4505 or till 5069.4. Use a stoploss of 4034.78 and if this stock hits its stoploss, then it can fall down till 3564.51

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3007.30
Downside Target	3075.05
Downside Target	3430.00
Downside Target	3725.95
Downside Target	3884.85
Downside Target	4120.00
Upside Target	4280.00
Upside Target	4560.00
Upside Target	4750.00
Upside Target	4850.00
Upside Target	5012.05
Upside Target	6085.00
Upside Target	6490.00
Upside Target	7000.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	3723.67
Downside Intraday Target	3277.78
Upside Intraday Target	4617.72
Upside Intraday Target	5065.88
Upside Intraday Target	4171.83

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	4169.55	4601.00	4620.00	3725.95	1.609 times
31 Fri May 2024	4312.50	4560.00	4560.00	4120.00	0.219 times
24 Fri May 2024	4505.35	4280.00	4850.00	4280.00	1.521 times
18 Sat May 2024	3884.85	3154.15	3884.85	3075.05	2.663 times
10 Fri May 2024	3128.15	3307.00	3430.00	3100.05	1.057 times

Price has moved down 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
06 Thu Jun 2024	4169.55	4601.00	4620.00	3725.95	0.158 times
31 Fri May 2024	4312.50	3234.30	4850.00	3075.05	1.841 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

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 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 to mid 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 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 4267.92 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 positive

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