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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 2024-03-27 View latest technical analysis

10 day averaged volume of Bharat Heavy is 30343496

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	243.10	241.35	249.50	240.50	0.757 times
26 Tue Mar 2024	239.80	238.50	240.45	236.20	0.406 times
22 Fri Mar 2024	239.10	235.00	240.35	234.55	0.626 times
21 Thu Mar 2024	237.20	229.90	237.95	228.00	1.212 times
20 Wed Mar 2024	224.75	220.00	225.95	215.80	0.722 times
19 Tue Mar 2024	218.80	224.25	226.45	217.25	0.707 times
18 Mon Mar 2024	224.30	216.75	226.90	213.40	1.019 times
15 Fri Mar 2024	216.75	225.50	227.70	207.10	1.732 times
14 Thu Mar 2024	226.45	224.80	232.30	221.95	1.262 times
13 Wed Mar 2024	225.30	245.00	246.25	222.05	1.393 times

My analysis of stock is bullish for shortterm, and stock might move up till 252.7 or till 270.2. Use a stoploss of 238.04 and if this stock hits its stoploss, then it can fall down till 223.43

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	120.70
Downside Target	165.80
Downside Target	176.50
Downside Target	191.85
Downside Target	199.70
Downside Target	207.10
Downside Target	213.40
Downside Target	219.75
Downside Target	234.45
Upside Target	243.25
Upside Target	249.50
Upside Target	259.55
Upside Target	275.85

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	236.37
Downside Intraday Target	229.63
Upside Intraday Target	249.67
Upside Intraday Target	256.23
Downside Intraday Target	242.93

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	243.10	238.50	249.50	236.20	0.271 times
22 Fri Mar 2024	239.10	216.75	240.35	213.40	0.716 times
15 Fri Mar 2024	216.75	259.10	259.55	207.10	0.434 times
07 Thu Mar 2024	257.50	237.10	275.85	237.10	1.596 times
02 Sat Mar 2024	235.90	229.80	238.00	219.75	2.523 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
27 Wed Mar 2024	243.10	230.00	275.85	207.10	1.122 times
29 Thu Feb 2024	227.55	230.50	243.25	201.35	0.773 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

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 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 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 BUY signal for Bharat Heavy 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 Heavy 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 in or above the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 227.64 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.