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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 2024-10-01 View latest technical analysis

10 day averaged volume of Bharat Heavy is 18062707

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	280.45	280.40	285.50	279.00	0.745 times
30 Mon Sep 2024	279.70	284.80	284.90	274.65	1.265 times
27 Fri Sep 2024	287.55	285.05	291.10	283.20	2.536 times
26 Thu Sep 2024	280.65	282.15	283.30	277.90	0.47 times
25 Wed Sep 2024	282.15	282.80	284.70	278.80	0.712 times
24 Tue Sep 2024	282.25	275.00	283.45	272.30	1.177 times
23 Mon Sep 2024	274.20	274.00	275.60	269.20	1.21 times
20 Fri Sep 2024	266.15	258.45	266.80	257.85	0.77 times
19 Thu Sep 2024	257.15	266.60	267.75	249.45	0.961 times
18 Wed Sep 2024	265.30	264.95	268.00	262.75	0.483 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 279.9, but if it comes below 279.9, then a intra day sell could be more profitable.
If you take a sell trade below 279.9, then use 279.9 as stoploss and 271.08 as target. However if you take a buy trade in stock , then use 279.9 as stoploss and 290.4 as target.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	224.05
Downside Target	249.45
Downside Target	257.35
Downside Target	263.15
Upside Target	285.50
Upside Target	291.10
Upside Target	292.00
Upside Target	319.95
Upside Target	321.00
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	274.9
Downside Intraday Target	269.35
Upside Intraday Target	285.75
Upside Intraday Target	291.05
Downside Intraday Target	280.2

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	280.45	284.80	285.50	274.65	0.329 times
27 Fri Sep 2024	287.55	274.00	291.10	269.20	1.901 times
20 Fri Sep 2024	266.15	264.30	270.70	249.45	0.983 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

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
01 Tue Oct 2024	280.45	280.40	285.50	279.00	0.043 times
30 Mon Sep 2024	279.70	291.00	292.00	249.45	1.198 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

Scroll below to view daily charts

Price has moved up 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 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 to mid 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 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 Weak and stock is losing momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying 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 277.76 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 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.