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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 2024-07-12 View latest technical analysis

10 day averaged volume of Bharat Heavy is 29798469

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	325.90	332.00	333.65	321.30	0.651 times
11 Thu Jul 2024	332.70	329.50	334.80	328.40	0.784 times
10 Wed Jul 2024	327.95	330.90	331.20	314.60	0.852 times
09 Tue Jul 2024	329.50	331.00	335.35	323.20	1.324 times
08 Mon Jul 2024	328.35	317.30	329.95	315.55	1.533 times
05 Fri Jul 2024	316.40	310.70	322.00	308.30	1.251 times
04 Thu Jul 2024	311.05	313.80	317.30	309.50	1.056 times
03 Wed Jul 2024	311.30	298.30	313.50	297.60	1.261 times
02 Tue Jul 2024	297.15	303.70	303.80	293.75	0.434 times
01 Mon Jul 2024	302.40	301.95	304.25	297.20	0.42 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 321.6, but if it comes below 321.6, then a intra day sell could be more profitable.
If you take a sell trade below 321.6, then use 321.6 as stoploss and 308.08 as target. However if you take a buy trade in stock , then use 321.6 as stoploss and 337.8 as target.

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	314.60
Downside Target	321.00
Downside Target	322.00
Downside Target	322.50
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	315.22
Downside Intraday Target	304.53
Upside Intraday Target	335.97
Upside Intraday Target	346.03
Downside Intraday Target	325.28

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	325.90	317.30	335.35	314.60	1.163 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
12 Fri Jul 2024	325.90	301.95	335.35	293.75	0.426 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Weak and stock is losing 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 tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term but buying 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 320.39 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.