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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 2024-06-18 View latest technical analysis

10 day averaged volume of Bharat Heavy is 47677769

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	305.60	308.50	310.60	303.35	0.425 times
14 Fri Jun 2024	305.70	305.15	309.45	299.80	0.522 times
13 Thu Jun 2024	303.95	297.20	305.55	292.40	0.545 times
12 Wed Jun 2024	295.15	295.50	298.70	291.10	0.398 times
11 Tue Jun 2024	295.20	286.00	296.35	285.30	0.61 times
10 Mon Jun 2024	284.45	288.40	290.55	282.75	0.376 times
07 Fri Jun 2024	285.50	279.00	286.00	275.35	0.684 times
06 Thu Jun 2024	277.95	269.90	292.35	267.00	2.335 times
05 Wed Jun 2024	255.35	255.00	258.20	225.00	1.247 times
04 Tue Jun 2024	246.55	311.05	311.05	224.05	2.575 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 310.7 as stoploss in an intra day sell trade for a target of 293.61. However, stock will show a bullish move above 310.7.

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	282.75
Downside Target	295.00
Downside Target	303.35
Upside Target	310.60
Upside Target	321.00
Upside Target	322.50

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	302.43
Downside Intraday Target	299.27
Upside Intraday Target	309.68
Upside Intraday Target	313.77
Upside Intraday Target	306.52

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Jun 2024	305.60	308.50	310.60	303.35	0.173 times
14 Fri Jun 2024	305.70	288.40	309.45	282.75	0.325 times
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

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
18 Tue Jun 2024	305.60	320.00	321.00	224.05	0.661 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Bharat Heavy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Heavy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 273.46 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.