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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 2024-10-11 View latest technical analysis

10 day averaged volume of Bharat Heavy is 16693591

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	270.00	271.25	273.90	268.50	0.367 times
10 Thu Oct 2024	271.35	265.30	273.15	265.15	0.768 times
09 Wed Oct 2024	264.30	265.35	269.30	262.50	0.533 times
08 Tue Oct 2024	265.50	256.00	267.50	254.90	0.971 times
07 Mon Oct 2024	256.65	269.50	269.95	254.15	0.684 times
04 Fri Oct 2024	267.60	268.95	272.75	262.25	0.705 times
03 Thu Oct 2024	268.95	274.20	277.85	266.35	0.912 times
01 Tue Oct 2024	280.45	280.40	285.50	279.00	0.806 times
30 Mon Sep 2024	279.70	284.80	284.90	274.65	1.368 times
27 Fri Sep 2024	287.55	285.05	291.10	283.20	2.744 times

My analysis of stock is bearish for shortterm, and stock might move down till 262.5 or till 252.4. Use a stoploss of 270.93 and if the stock hits stoploss, then it can shoot up till 279.37

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	224.05
Downside Target	249.45
Downside Target	267.70
Upside Target	283.00
Upside Target	285.00
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	258.13
Downside Intraday Target	246.27
Upside Intraday Target	277.88
Upside Intraday Target	285.77
Downside Intraday Target	266.02

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	270.00	269.50	273.90	254.15	0.877 times
04 Fri Oct 2024	267.60	284.80	285.50	262.25	0.574 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

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
11 Fri Oct 2024	270.00	280.40	285.50	254.15	0.304 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 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 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 in or above 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 275.24 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.