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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 2024-08-08 View latest technical analysis

10 day averaged volume of Bharat Heavy is 20140860

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	297.85	304.90	304.90	297.10	0.578 times
07 Wed Aug 2024	304.60	293.40	305.60	292.30	0.939 times
06 Tue Aug 2024	287.55	292.00	301.90	285.70	0.88 times
05 Mon Aug 2024	291.65	292.00	295.90	285.00	1.279 times
02 Fri Aug 2024	301.65	303.40	309.60	300.60	0.839 times
01 Thu Aug 2024	308.50	314.70	319.95	305.85	1.182 times
31 Wed Jul 2024	315.25	316.40	319.45	311.85	1.333 times
30 Tue Jul 2024	317.40	323.00	327.00	316.60	0.81 times
29 Mon Jul 2024	323.05	327.00	327.00	319.10	1.282 times
26 Fri Jul 2024	317.30	313.50	318.25	310.75	0.795 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 298.4, but if it comes above 298.4, then a intra day buy could be more profitable.
If you take a sell trade below 298.4, then use 298.4 as stoploss and 284.2 as target. However if you take a buy trade in stock , then use 298.4 as stoploss and 310.22 as target.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	224.05
Downside Target	246.25
Downside Target	267.05
Downside Target	283.00
Downside Target	292.75
Upside Target	300.60
Upside Target	314.60
Upside Target	321.00
Upside 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	286.7
Downside Intraday Target	275.55
Upside Intraday Target	307.3
Upside Intraday Target	316.75
Downside Intraday Target	296.15

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	297.85	292.00	305.60	285.00	0.675 times
02 Fri Aug 2024	301.65	327.00	327.00	300.60	0.84 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

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
08 Thu Aug 2024	297.85	314.70	319.95	285.00	0.207 times
31 Wed Jul 2024	315.25	301.95	335.35	283.00	0.827 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

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer 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.

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

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

Bharat Heavy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Bharat Heavy in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 307.12 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.