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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 2024-08-19 View latest technical analysis

10 day averaged volume of Bharat Heavy is 14779176

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	293.75	297.90	299.50	293.35	0.664 times
16 Fri Aug 2024	296.55	293.00	297.65	289.30	0.685 times
14 Wed Aug 2024	290.00	291.85	293.40	286.30	0.72 times
13 Tue Aug 2024	289.95	300.55	301.35	289.00	0.776 times
12 Mon Aug 2024	298.70	300.05	302.65	296.55	0.8 times
09 Fri Aug 2024	302.20	302.00	305.80	299.15	0.866 times
08 Thu Aug 2024	297.85	304.90	304.90	297.10	0.788 times
07 Wed Aug 2024	304.60	293.40	305.60	292.30	1.28 times
06 Tue Aug 2024	287.55	292.00	301.90	285.70	1.199 times
05 Mon Aug 2024	291.65	292.00	295.90	285.00	1.743 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 293.4 as stoploss in an intra day buy trade for a target of 303.45. However, stock will show a bearish move below 293.4.

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	293.35
Upside Target	299.50
Upside Target	305.80
Upside Target	318.25
Upside Target	319.95
Upside Target	321.00
Upside Target	322.50
Upside Target	327.00
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	291.57
Downside Intraday Target	289.38
Upside Intraday Target	297.72
Upside Intraday Target	301.68
Upside Intraday Target	295.53

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	293.75	297.90	299.50	293.35	0.223 times
16 Fri Aug 2024	296.55	300.05	302.65	286.30	0.507 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

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
19 Mon Aug 2024	293.75	314.70	319.95	285.00	0.328 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 weakening, and bulls are picking up momentum!

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

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 negative zone. This is the SELL 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 295.18 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.