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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 2024-04-01 View latest technical analysis

10 day averaged volume of Bharat Heavy is 28423681

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	253.75	249.00	254.85	248.50	0.589 times
28 Thu Mar 2024	247.30	253.05	253.70	245.60	0.986 times
27 Wed Mar 2024	243.10	241.35	249.50	240.50	0.808 times
26 Tue Mar 2024	239.80	238.50	240.45	236.20	0.434 times
22 Fri Mar 2024	239.10	235.00	240.35	234.55	0.668 times
21 Thu Mar 2024	237.20	229.90	237.95	228.00	1.294 times
20 Wed Mar 2024	224.75	220.00	225.95	215.80	0.771 times
19 Tue Mar 2024	218.80	224.25	226.45	217.25	0.755 times
18 Mon Mar 2024	224.30	216.75	226.90	213.40	1.088 times
15 Fri Mar 2024	216.75	225.50	227.70	207.10	1.849 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 255 as stoploss in an intra day sell trade for a target of 240.48. However, stock will show a bullish move above 255.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	165.80
Downside Target	191.85
Downside Target	199.70
Downside Target	207.10
Downside Target	213.40
Downside Target	234.45
Downside Target	248.50
Downside Target	253.70
Upside Target	254.85
Upside Target	259.55
Upside Target	275.85

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	249.88
Downside Intraday Target	246.02
Upside Intraday Target	256.23
Upside Intraday Target	258.72
Downside Intraday Target	252.37

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	253.75	249.00	254.85	248.50	0.264 times
28 Thu Mar 2024	247.30	238.50	253.70	236.20	0.487 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

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
01 Mon Apr 2024	253.75	249.00	254.85	248.50	0.02 times
28 Thu Mar 2024	247.30	230.00	275.85	207.10	1.161 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

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 Strong 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 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 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 Heavy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 231.96 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 rising upwards.

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 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.