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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 2024-07-22 View latest technical analysis

10 day averaged volume of Bharat Heavy is 25958892

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	304.90	294.10	306.35	289.10	0.757 times
19 Fri Jul 2024	294.10	305.95	307.70	292.75	1.035 times
18 Thu Jul 2024	308.60	319.75	319.75	306.20	0.826 times
16 Tue Jul 2024	320.00	325.40	327.45	319.15	0.381 times
15 Mon Jul 2024	325.40	327.45	328.40	322.10	0.416 times
12 Fri Jul 2024	325.90	332.00	333.65	321.30	0.748 times
11 Thu Jul 2024	332.70	329.50	334.80	328.40	0.9 times
10 Wed Jul 2024	327.95	330.90	331.20	314.60	0.978 times
09 Tue Jul 2024	329.50	331.00	335.35	323.20	1.52 times
08 Mon Jul 2024	328.35	317.30	329.95	315.55	1.76 times

My analysis of stock is bearish for shortterm, and stock might move down till 297.4 or till 281.3. Use a stoploss of 310.89 and if the stock hits stoploss, then it can shoot up till 324.36

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	284.80
Upside Target	306.35
Upside Target	314.60
Upside Target	321.00
Upside Target	322.00
Upside Target	322.50
Upside Target	328.40
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	293.88
Downside Intraday Target	282.87
Upside Intraday Target	311.13
Upside Intraday Target	317.37
Downside Intraday Target	300.12

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	304.90	294.10	306.35	289.10	0.285 times
19 Fri Jul 2024	294.10	327.45	328.40	292.75	0.45 times
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

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
22 Mon Jul 2024	304.90	301.95	335.35	289.10	0.558 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bharat Heavy ( (BHEL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bharat Heavy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bharat Heavy in short term but the sell signal is initial and weak.

Bharat Heavy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 320.79 and Bharat Heavy (BHEL) stock is trading below this level. This means that stock is falling with high volumes. 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.