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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 2024-10-17 View latest technical analysis

10 day averaged volume of Bharat Heavy is 9885352

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	254.20	269.80	270.50	252.95	2.085 times
16 Wed Oct 2024	269.60	271.65	275.55	268.85	0.521 times
15 Tue Oct 2024	271.60	270.00	272.60	267.75	0.567 times
14 Mon Oct 2024	268.75	270.65	273.25	267.30	0.57 times
11 Fri Oct 2024	270.00	271.25	273.90	268.50	0.62 times
10 Thu Oct 2024	271.35	265.30	273.15	265.15	1.297 times
09 Wed Oct 2024	264.30	265.35	269.30	262.50	0.9 times
08 Tue Oct 2024	265.50	256.00	267.50	254.90	1.64 times
07 Mon Oct 2024	256.65	269.50	269.95	254.15	1.155 times
04 Fri Oct 2024	267.60	268.95	272.75	262.25	1.19 times

Stock of Bharat Heavy (BHEL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 251.3, for a target of 262 or 270.94

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	224.05
Downside Target	249.45
Upside Target	262.25
Upside Target	269.20
Upside Target	283.00
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	246.25
Downside Intraday Target	238.3
Upside Intraday Target	268.85
Upside Intraday Target	283.5
Upside Intraday Target	260.9

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	254.20	270.65	275.55	252.95	0.667 times
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

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
17 Thu Oct 2024	254.20	280.40	285.50	252.95	0.422 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 gaining momentum.

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

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 getting stronger in this stock.

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 and selling is picking up 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 264.12 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.