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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 2024-05-15 View latest technical analysis

10 day averaged volume of Bharat Heavy is 44285256

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	291.35	289.40	293.20	288.10	0.348 times
14 Tue May 2024	288.25	284.00	289.40	282.00	0.408 times
13 Mon May 2024	283.30	274.40	286.30	267.30	0.713 times
10 Fri May 2024	274.30	274.95	276.80	267.05	0.605 times
09 Thu May 2024	273.15	286.65	286.65	270.95	0.591 times
08 Wed May 2024	286.30	280.00	290.65	278.65	0.688 times
07 Tue May 2024	280.25	290.00	290.00	276.70	0.768 times
06 Mon May 2024	288.95	308.15	308.60	281.05	1.525 times
03 Fri May 2024	305.00	296.00	318.30	294.10	2.953 times
02 Thu May 2024	292.70	283.10	300.25	282.15	1.183 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 290.1, but if it comes below 290.1, then a intra day sell could be more profitable.
If you take a sell trade below 290.1, then use 290.1 as stoploss and 276.08 as target. However if you take a buy trade in stock , then use 290.1 as stoploss and 306.8 as target.

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	254.50
Downside Target	263.00
Downside Target	274.80
Downside Target	281.45
Downside Target	284.80
Upside Target	293.20
Upside Target	308.60
Upside Target	318.30

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	274.7
Downside Intraday Target	258.05
Upside Intraday Target	300.6
Upside Intraday Target	309.85
Downside Intraday Target	283.95

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	291.35	274.40	293.20	267.30	0.351 times
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

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
15 Wed May 2024	291.35	283.10	318.30	267.05	1.13 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Strong 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. Bears are weakening, and bulls are picking up momentum!

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 and selling is picking up 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 291.16 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.