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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 2024-07-29 View latest technical analysis

10 day averaged volume of Bharat Heavy is 21893427

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	323.05	327.00	327.00	319.10	1.179 times
26 Fri Jul 2024	317.30	313.50	318.25	310.75	0.731 times
25 Thu Jul 2024	311.55	305.00	312.50	301.00	0.608 times
24 Wed Jul 2024	309.15	308.00	313.25	306.85	0.719 times
23 Tue Jul 2024	307.35	306.60	315.55	283.00	3.006 times
22 Mon Jul 2024	304.90	294.10	306.35	289.10	0.897 times
19 Fri Jul 2024	294.10	305.95	307.70	292.75	1.228 times
18 Thu Jul 2024	308.60	319.75	319.75	306.20	0.979 times
16 Tue Jul 2024	320.00	325.40	327.45	319.15	0.451 times
15 Mon Jul 2024	325.40	327.45	328.40	322.10	0.493 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 326.1 as stoploss in an intra day sell trade for a target of 315.21. However, stock will show a bullish move above 326.1.

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	283.00
Downside Target	292.75
Downside Target	314.60
Downside Target	322.00
Downside Target	322.50
Upside Target	327.00
Upside Target	328.40
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	319.1
Downside Intraday Target	315.15
Upside Intraday Target	327
Upside Intraday Target	330.95
Downside Intraday Target	323.05

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	323.05	327.00	327.00	319.10	0.198 times
26 Fri Jul 2024	317.30	294.10	318.25	283.00	1.892 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

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
29 Mon Jul 2024	323.05	301.95	335.35	283.00	0.763 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing 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 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 SELL signal in short term but selling is losing 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 309.97 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 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.