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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 2024-06-21 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 70647

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	4851.60	4830.00	4878.00	4782.00	0.296 times
20 Thu Jun 2024	4807.55	4923.55	4938.80	4766.05	0.399 times
19 Wed Jun 2024	4902.90	5068.00	5075.95	4870.00	0.475 times
18 Tue Jun 2024	5030.90	5049.00	5187.00	4880.00	1.056 times
14 Fri Jun 2024	4986.05	4849.90	5190.00	4830.00	2.647 times
13 Thu Jun 2024	4758.35	4422.00	4800.00	4404.05	1.663 times
12 Wed Jun 2024	4400.95	4479.95	4625.00	4384.05	0.654 times
11 Tue Jun 2024	4455.55	4384.00	4510.00	4351.90	0.6 times
10 Mon Jun 2024	4372.30	4543.70	4544.00	4331.10	1.053 times
07 Fri Jun 2024	4496.50	4198.30	4545.00	4158.30	0.816 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4786.4, but if it comes below 4786.4, then a intra day sell could be more profitable.
If you take a sell trade below 4786.4, then use 4786.4 as stoploss and 4491.97 as target. However if you take a buy trade in stock , then use 4786.4 as stoploss and 5139.7 as target.

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3007.30
Downside Target	3075.05
Downside Target	3725.95
Downside Target	4120.00
Downside Target	4280.00
Downside Target	4560.00
Downside Target	4750.00
Upside Target	5012.05
Upside Target	5187.00
Upside Target	5190.00
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	4682.77
Downside Intraday Target	4513.93
Upside Intraday Target	5103.72
Upside Intraday Target	5355.83
Upside Intraday Target	4934.88

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	4851.60	5049.00	5187.00	4766.05	0.336 times
14 Fri Jun 2024	4986.05	4543.70	5190.00	4331.10	1.256 times
07 Fri Jun 2024	4496.50	4601.00	4620.00	3725.95	1.903 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

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
21 Fri Jun 2024	4851.60	4601.00	5190.00	3725.95	0.5 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 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 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.

Price action analysis of Bharat Bijlee ( (BBL) ) based on a short to mid 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.

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

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

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 tired and bears are picking up momentum.

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 SELL signal for Bharat Bijlee in short term but SELL 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 4755.32 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 positive

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