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.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Bharat Heavy is 37013664

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	277.95	269.90	292.35	267.00	3.008 times
05 Wed Jun 2024	255.35	255.00	258.20	225.00	1.606 times
04 Tue Jun 2024	246.55	311.05	311.05	224.05	3.316 times
03 Mon Jun 2024	311.45	320.00	321.00	308.15	0.912 times
31 Fri May 2024	298.90	292.40	300.60	288.55	0.756 times
30 Thu May 2024	290.75	293.70	295.30	289.30	0.353 times
29 Wed May 2024	294.10	291.00	296.95	288.65	0.407 times
28 Tue May 2024	291.50	299.90	300.90	290.50	0.603 times
27 Mon May 2024	298.55	307.25	307.45	296.80	0.716 times
24 Fri May 2024	305.65	304.80	310.20	302.40	0.614 times

Stock of Bharat Heavy (BHEL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 274.5 as stoploss in an intra day buy trade for a target of 291.95. However, stock will show a bearish move below 274.5.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	201.35
Downside Target	207.10
Downside Target	224.05
Downside Target	243.25
Downside Target	267.05
Downside Target	275.85
Upside Target	284.80
Upside Target	295.00
Upside Target	307.45
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	227.67
Downside Intraday Target	177.38
Upside Intraday Target	324.62
Upside Intraday Target	371.28
Downside Intraday Target	274.33

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	277.95	320.00	321.00	224.05	3.12 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Heavy (BHEL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	277.95	320.00	321.00	224.05	0.436 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 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 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 SELL. 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 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 getting stronger in this stock.

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

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

RSI is generating a SELL signal in short term but selling is losing 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 274.45 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 falling down

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 has given negative 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.