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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 2024-08-28 View latest technical analysis

10 day averaged volume of Bharat Heavy is 9632449

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	294.60	298.00	298.75	293.95	0.683 times
27 Tue Aug 2024	297.80	298.90	299.80	296.60	0.706 times
26 Mon Aug 2024	297.30	297.75	304.00	294.60	1.615 times
23 Fri Aug 2024	296.20	299.95	301.35	295.25	0.782 times
22 Thu Aug 2024	299.65	298.00	302.50	296.85	1.255 times
21 Wed Aug 2024	296.65	296.30	297.70	294.85	0.509 times
20 Tue Aug 2024	296.40	294.35	296.90	291.65	0.77 times
19 Mon Aug 2024	293.75	297.90	299.50	293.35	1.018 times
16 Fri Aug 2024	296.55	293.00	297.65	289.30	1.05 times
14 Wed Aug 2024	290.00	291.85	293.40	286.30	1.105 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 291.5 as stoploss in an intra day buy trade for a target of 297.84. However, stock will show a bearish move below 291.5.

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	304.00
Upside Target	305.80
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	291.03
Downside Intraday Target	287.47
Upside Intraday Target	301.08
Upside Intraday Target	307.57
Upside Intraday Target	297.52

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	294.60	297.75	304.00	293.95	0.693 times
23 Fri Aug 2024	296.20	297.90	302.50	291.65	0.947 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

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
28 Wed Aug 2024	294.60	314.70	319.95	285.00	0.438 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Heavy ( (BHEL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Bharat Heavy in short term but the buy signal is initial and weak.

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 tired and bears 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 SELL signal for Bharat Heavy in short term and SELL 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

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 295.94 and Bharat Heavy (BHEL) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive 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.