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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 2024-08-12 View latest technical analysis

10 day averaged volume of Bharat Heavy is 19653721

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	298.70	300.05	302.65	296.55	0.602 times
09 Fri Aug 2024	302.20	302.00	305.80	299.15	0.652 times
08 Thu Aug 2024	297.85	304.90	304.90	297.10	0.592 times
07 Wed Aug 2024	304.60	293.40	305.60	292.30	0.962 times
06 Tue Aug 2024	287.55	292.00	301.90	285.70	0.902 times
05 Mon Aug 2024	291.65	292.00	295.90	285.00	1.311 times
02 Fri Aug 2024	301.65	303.40	309.60	300.60	0.86 times
01 Thu Aug 2024	308.50	314.70	319.95	305.85	1.212 times
31 Wed Jul 2024	315.25	316.40	319.45	311.85	1.366 times
30 Tue Jul 2024	317.40	323.00	327.00	316.60	0.83 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 297.2 as stoploss in an intra day buy trade for a target of 307.34. However, stock will show a bearish move below 297.2.

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	318.25
Upside Target	319.95
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	295.95
Downside Intraday Target	293.2
Upside Intraday Target	302.05
Upside Intraday Target	305.4
Upside Intraday Target	299.3

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	298.70	300.05	302.65	296.55	0.136 times
09 Fri Aug 2024	302.20	292.00	305.80	285.00	0.792 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

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
12 Mon Aug 2024	298.70	314.70	319.95	285.00	0.252 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 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 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 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 gaining momentum.

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

Bharat Heavy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 303.08 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.