Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-22 View latest technical analysis

10 day averaged volume of Bharat Heavy is 10953403

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	299.65	298.00	302.50	296.85	1.103 times
21 Wed Aug 2024	296.65	296.30	297.70	294.85	0.447 times
20 Tue Aug 2024	296.40	294.35	296.90	291.65	0.677 times
19 Mon Aug 2024	293.75	297.90	299.50	293.35	0.896 times
16 Fri Aug 2024	296.55	293.00	297.65	289.30	0.924 times
14 Wed Aug 2024	290.00	291.85	293.40	286.30	0.972 times
13 Tue Aug 2024	289.95	300.55	301.35	289.00	1.046 times
12 Mon Aug 2024	298.70	300.05	302.65	296.55	1.08 times
09 Fri Aug 2024	302.20	302.00	305.80	299.15	1.169 times
08 Thu Aug 2024	297.85	304.90	304.90	297.10	1.063 times

My analysis of stock is bearish for shortterm, and stock might move down till 291.9 or till 279.9. Use a stoploss of 302.01 and if the stock hits stoploss, then it can shoot up till 312.08

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
Upside Target	300.60
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	293.37
Downside Intraday Target	287.08
Upside Intraday Target	304.22
Upside Intraday Target	308.78
Downside Intraday Target	297.93

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	299.65	297.90	302.50	291.65	0.777 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 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 Thu Aug 2024	299.65	314.70	319.95	285.00	0.372 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up 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 296.33 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 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.