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(BHEL) Bharat Heavy complete technical analysis [charts+indicators] | Buy/Sell Bharat Heavy | (BHEL) share price targets

Complete technical analysis of Bharat Heavy (BHEL) by charts plus indicators, forecast predictions and share price targets for Bharat Heavy (BHEL)

Bharat Heavy trades in NSE in Heavy Electrical Equipment sector.

Showing technical analysis as on 2024-02-20 View latest technical analysis

10 day averaged volume of Bharat Heavy is 30987234

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	230.90	226.90	233.80	225.95	0.742 times
19 Mon Feb 2024	225.70	226.65	230.65	225.05	0.393 times
16 Fri Feb 2024	225.85	228.55	230.50	224.95	0.649 times
15 Thu Feb 2024	227.55	227.50	233.15	224.80	0.993 times
14 Wed Feb 2024	224.45	202.50	226.20	202.50	1.573 times
13 Tue Feb 2024	213.35	217.00	217.45	201.35	1.897 times
12 Mon Feb 2024	216.70	228.00	230.15	214.20	0.913 times
09 Fri Feb 2024	227.55	236.50	236.60	217.35	1.597 times
08 Thu Feb 2024	230.80	232.00	236.95	229.75	0.675 times
07 Wed Feb 2024	231.55	232.30	238.00	228.70	0.655 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 232.8 as stoploss in an intra day sell trade for a target of 224.65. However, stock will show a bullish move above 232.8.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	113.50
Downside Target	120.70
Downside Target	133.75
Downside Target	165.80
Downside Target	176.50
Downside Target	191.85
Downside Target	199.70
Downside Target	217.35
Downside Target	225.05
Upside Target	233.15
Upside Target	233.80
Upside Target	234.45
Upside Target	235.70
Upside Target	243.25

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	226.03
Downside Intraday Target	221.17
Upside Intraday Target	234.78
Upside Intraday Target	238.67
Downside Intraday Target	229.92

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	230.90	226.65	233.80	225.05	0.188 times
16 Fri Feb 2024	225.85	228.00	233.15	201.35	1.303 times
09 Fri Feb 2024	227.55	234.65	243.25	217.35	0.975 times
02 Fri Feb 2024	233.80	221.00	235.70	219.90	1.078 times
25 Thu Jan 2024	219.90	224.50	225.50	200.70	0.435 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 Heavy (BHEL)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	230.90	230.50	243.25	201.35	0.457 times
31 Wed Jan 2024	228.25	199.00	234.45	191.85	1.432 times
29 Fri Dec 2023	193.55	171.35	199.70	165.80	0.863 times
30 Thu Nov 2023	170.45	121.30	176.50	120.70	2.056 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 Heavy (BHEL)

Price action analysis of Bharat Heavy ( (BHEL) ) 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 Heavy ( (BHEL) ) based on a short to mid 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 Heavy ( (BHEL) ) 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 Heavy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Bharat Heavy in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Heavy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Heavy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bharat Heavy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 223.96 and Bharat Heavy (BHEL) 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 Heavy (BHEL) stock. Volume based technical analysis of Bharat Heavy (BHEL) stock is negative.

Bharat Heavy 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.