Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Bharat Heavy is 22496617

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	239.04	245.00	245.50	237.40	0.421 times
07 Thu Nov 2024	244.29	248.39	249.40	243.90	0.371 times
06 Wed Nov 2024	247.98	237.50	249.20	236.13	1.033 times
05 Tue Nov 2024	235.25	234.00	236.40	229.50	0.521 times
04 Mon Nov 2024	233.39	242.95	242.95	230.80	0.77 times
01 Fri Nov 2024	241.97	240.90	243.00	240.50	0.148 times
31 Thu Oct 2024	239.00	236.50	240.80	232.85	0.637 times
30 Wed Oct 2024	236.60	234.95	243.10	230.75	0.949 times
29 Tue Oct 2024	235.00	232.80	236.00	227.50	1.309 times
28 Mon Oct 2024	229.75	218.35	238.50	213.25	2.541 times

My analysis of stock is bearish for shortterm, and stock might move down till 227.7 or till 210. Use a stoploss of 242.43 and if the stock hits stoploss, then it can shoot up till 257.17

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	210.70
Downside Target	229.50
Upside Target	243.10
Upside Target	273.90
Upside Target	275.55
Upside Target	283.00
Upside Target	285.00
Upside Target	285.50
Upside Target	292.00
Upside Target	319.95
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	229.23
Downside Intraday Target	219.41
Upside Intraday Target	249.13
Upside Intraday Target	259.21
Upside Intraday Target	239.31

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	239.04	242.95	249.40	229.50	0.558 times
01 Fri Nov 2024	241.97	218.35	243.10	213.25	0.801 times
25 Fri Oct 2024	216.85	255.50	257.95	210.70	2.841 times
18 Fri Oct 2024	253.85	270.65	275.55	246.50	0.995 times
11 Fri Oct 2024	270.00	269.50	273.90	254.15	0.877 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 Heavy (BHEL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	239.04	240.90	249.40	229.50	0.171 times
31 Thu Oct 2024	239.00	280.40	285.50	210.70	1.365 times
30 Mon Sep 2024	279.70	291.00	292.00	249.45	1.198 times
30 Fri Aug 2024	290.55	314.70	319.95	285.00	0.475 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bharat Heavy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bharat Heavy 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 Heavy 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Heavy in short term but SELL signal is weak.

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 236.06 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 negative.

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