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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 2024-06-03 View latest technical analysis

10 day averaged volume of Bharat Heavy is 28131179

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	311.45	320.00	321.00	308.15	1.2 times
31 Fri May 2024	298.90	292.40	300.60	288.55	0.994 times
30 Thu May 2024	290.75	293.70	295.30	289.30	0.465 times
29 Wed May 2024	294.10	291.00	296.95	288.65	0.535 times
28 Tue May 2024	291.50	299.90	300.90	290.50	0.793 times
27 Mon May 2024	298.55	307.25	307.45	296.80	0.942 times
24 Fri May 2024	305.65	304.80	310.20	302.40	0.808 times
23 Thu May 2024	304.80	303.85	308.70	300.50	0.944 times
22 Wed May 2024	301.95	302.00	309.65	295.00	2.664 times
21 Tue May 2024	319.20	311.90	322.50	308.40	1.503 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 306.8, but if it comes below 306.8, then a intra day sell could be more profitable.
If you take a sell trade below 306.8, then use 306.8 as stoploss and 294.94 as target. However if you take a buy trade in stock , then use 306.8 as stoploss and 321.1 as target.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	201.35
Downside Target	207.10
Downside Target	243.25
Downside Target	267.05
Downside Target	275.85
Downside Target	284.80
Downside Target	295.00
Downside Target	307.45
Downside Target	308.60
Upside Target	313.00
Upside Target	321.00
Upside Target	322.50

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	306.07
Downside Intraday Target	300.68
Upside Intraday Target	318.92
Upside Intraday Target	326.38
Upside Intraday Target	313.53

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	311.45	320.00	321.00	308.15	0.322 times
31 Fri May 2024	298.90	307.25	307.45	288.55	0.63 times
24 Fri May 2024	305.65	311.90	322.50	295.00	1.488 times
18 Sat May 2024	310.35	274.40	313.00	267.30	0.605 times
10 Fri May 2024	274.30	308.15	308.60	267.05	0.824 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
03 Mon Jun 2024	311.45	320.00	321.00	308.15	0.045 times
31 Fri May 2024	298.90	283.10	322.50	267.05	1.96 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

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 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 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 but selling is losing 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 303.71 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.