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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 2024-05-10 View latest technical analysis

10 day averaged volume of Bharat Heavy is 44615289

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	274.30	274.95	276.80	267.05	0.601 times
09 Thu May 2024	273.15	286.65	286.65	270.95	0.587 times
08 Wed May 2024	286.30	280.00	290.65	278.65	0.683 times
07 Tue May 2024	280.25	290.00	290.00	276.70	0.763 times
06 Mon May 2024	288.95	308.15	308.60	281.05	1.514 times
03 Fri May 2024	305.00	296.00	318.30	294.10	2.931 times
02 Thu May 2024	292.70	283.10	300.25	282.15	1.174 times
30 Tue Apr 2024	281.70	278.70	284.80	277.40	0.561 times
29 Mon Apr 2024	276.90	281.90	281.90	274.80	0.37 times
26 Fri Apr 2024	278.85	274.45	281.45	274.25	0.753 times

My analysis of stock is bullish for shortterm, and stock might move up till 286 or till 302.7. Use a stoploss of 272.01 and if this stock hits its stoploss, then it can fall down till 258.06

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	191.85
Downside Target	201.35
Downside Target	207.10
Downside Target	234.45
Downside Target	243.25
Downside Target	253.35
Downside Target	263.00
Upside Target	274.80
Upside Target	275.85
Upside Target	281.45
Upside Target	284.80
Upside Target	308.60
Upside Target	318.30

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	258.03
Downside Intraday Target	241.77
Upside Intraday Target	299.58
Upside Intraday Target	324.87
Upside Intraday Target	283.32

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	274.30	308.15	308.60	267.05	0.824 times
03 Fri May 2024	305.00	281.90	318.30	274.80	2.181 times
26 Fri Apr 2024	278.85	257.45	281.45	254.50	1.473 times
19 Fri Apr 2024	254.55	254.20	263.00	246.25	0.832 times
12 Fri Apr 2024	262.50	255.75	269.20	253.35	0.989 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
10 Fri May 2024	274.30	283.10	318.30	267.05	0.96 times
30 Tue Apr 2024	281.70	249.00	284.80	246.25	0.461 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

Scroll below to view daily charts

Price has moved down 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 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 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 Heavy ( (BHEL) ) 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 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 losing momentum.

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

Bharat Heavy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Bharat Heavy in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 289.83 and Bharat Heavy (BHEL) stock is trading below this level. This means that stock is falling with high volumes. 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.