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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 2024-09-16 View latest technical analysis

10 day averaged volume of Bharat Heavy is 12399554

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	269.50	264.30	270.70	263.75	0.846 times
13 Fri Sep 2024	264.30	267.00	267.45	263.25	0.639 times
12 Thu Sep 2024	266.00	260.15	266.50	259.65	0.977 times
11 Wed Sep 2024	258.75	265.05	267.20	257.35	0.82 times
10 Tue Sep 2024	264.50	263.15	267.70	261.85	0.915 times
09 Mon Sep 2024	262.05	263.70	265.80	258.20	1.405 times
06 Fri Sep 2024	263.80	272.05	273.20	263.15	1.613 times
05 Thu Sep 2024	273.55	279.00	280.45	270.25	1.455 times
04 Wed Sep 2024	278.70	283.50	284.80	276.80	1.193 times
03 Tue Sep 2024	286.35	287.20	290.20	285.85	0.458 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 267.3 as stoploss in an intra day buy trade for a target of 281.72. However, stock will show a bearish move below 267.3.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	224.05
Downside Target	257.35
Downside Target	263.15
Upside Target	283.00
Upside Target	292.00
Upside Target	302.50
Upside Target	304.00
Upside Target	319.95
Upside Target	321.00
Upside Target	322.50
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	265.27
Downside Intraday Target	261.03
Upside Intraday Target	272.22
Upside Intraday Target	274.93
Downside Intraday Target	267.98

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	269.50	264.30	270.70	263.75	0.178 times
13 Fri Sep 2024	264.30	263.70	267.70	257.35	0.907 times
06 Fri Sep 2024	263.80	291.00	292.00	263.15	1.309 times
30 Fri Aug 2024	290.55	297.75	304.00	287.10	1.19 times
23 Fri Aug 2024	296.20	297.90	302.50	291.65	0.947 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
16 Mon Sep 2024	269.50	291.00	292.00	257.35	0.511 times
30 Fri Aug 2024	290.55	314.70	319.95	285.00	0.475 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

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 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 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 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.

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

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 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 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

Although the stock is in the SELL zone, but selling 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 268.03 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.