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 2024-06-07 View latest technical analysis

10 day averaged volume of Bharat Heavy is 45490349

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	285.50	279.00	286.00	275.35	0.717 times
06 Thu Jun 2024	277.95	269.90	292.35	267.00	2.447 times
05 Wed Jun 2024	255.35	255.00	258.20	225.00	1.307 times
04 Tue Jun 2024	246.55	311.05	311.05	224.05	2.698 times
03 Mon Jun 2024	311.45	320.00	321.00	308.15	0.742 times
31 Fri May 2024	298.90	292.40	300.60	288.55	0.615 times
30 Thu May 2024	290.75	293.70	295.30	289.30	0.287 times
29 Wed May 2024	294.10	291.00	296.95	288.65	0.331 times
28 Tue May 2024	291.50	299.90	300.90	290.50	0.49 times
27 Mon May 2024	298.55	307.25	307.45	296.80	0.583 times

My analysis of stock is bearish for shortterm, and stock might move down till 275.5 or till 255. Use a stoploss of 292.51 and if the stock hits stoploss, then it can shoot up till 309.55

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
Downside 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	232.7
Downside Intraday Target	179.9
Upside Intraday Target	329.65
Upside Intraday Target	373.8
Downside Intraday Target	276.85

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	285.50	320.00	321.00	224.05	3.431 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
07 Fri Jun 2024	285.50	320.00	321.00	224.05	0.479 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 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 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 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. Bulls 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 273.7 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.