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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 2024-07-08 View latest technical analysis

10 day averaged volume of Bharat Heavy is 23287131

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	328.35	317.30	329.95	315.55	1.962 times
05 Fri Jul 2024	316.40	310.70	322.00	308.30	1.601 times
04 Thu Jul 2024	311.05	313.80	317.30	309.50	1.351 times
03 Wed Jul 2024	311.30	298.30	313.50	297.60	1.614 times
02 Tue Jul 2024	297.15	303.70	303.80	293.75	0.555 times
01 Mon Jul 2024	302.40	301.95	304.25	297.20	0.538 times
28 Fri Jun 2024	300.85	306.00	307.90	300.00	1.387 times
27 Thu Jun 2024	296.95	295.85	300.65	291.80	1.1 times
26 Wed Jun 2024	295.75	294.20	297.55	293.00	0.544 times
25 Tue Jun 2024	293.90	295.70	299.85	292.65	0.658 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 322.3, for a target of 310.8 or 301.22

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	207.10
Downside Target	224.05
Downside Target	246.25
Downside Target	267.05
Downside Target	275.85
Downside Target	282.75
Downside Target	307.90
Downside Target	315.55
Downside Target	321.00
Downside Target	322.00
Downside Target	322.50
Upside Target	329.95

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	319.28
Downside Intraday Target	310.22
Upside Intraday Target	333.68
Upside Intraday Target	339.02
Downside Intraday Target	324.62

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	328.35	317.30	329.95	315.55	0.347 times
05 Fri Jul 2024	316.40	301.95	322.00	293.75	1.304 times
28 Fri Jun 2024	300.85	294.00	307.90	288.50	1.106 times
21 Fri Jun 2024	295.05	308.50	310.60	291.50	0.782 times
14 Fri Jun 2024	305.70	288.40	309.45	282.75	0.325 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
08 Mon Jul 2024	328.35	301.95	329.95	293.75	0.265 times
28 Fri Jun 2024	300.85	320.00	321.00	224.05	0.891 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

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 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 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 moving up

CCI has generated a buy signal for Bharat Heavy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 309.39 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.