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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bharat Heavy is 26353932

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	235.00	232.80	236.00	227.50	1.117 times
28 Mon Oct 2024	229.75	218.35	238.50	213.25	2.169 times
25 Fri Oct 2024	216.85	228.00	228.20	210.70	1.47 times
24 Thu Oct 2024	227.30	224.10	229.80	222.05	1.001 times
23 Wed Oct 2024	223.70	233.00	235.40	222.55	2.123 times
22 Tue Oct 2024	232.80	247.65	248.00	231.65	0.865 times
21 Mon Oct 2024	247.65	255.50	257.95	245.00	0.492 times
18 Fri Oct 2024	253.85	253.80	255.80	246.50	0.691 times
17 Thu Oct 2024	254.20	269.80	270.50	252.95	0.782 times
16 Wed Oct 2024	269.60	271.65	275.55	268.85	0.195 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 234.9 as stoploss in an intra day buy trade for a target of 253.79. However, stock will show a bearish move below 234.9.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	210.70
Downside Target	224.05
Upside Target	238.50
Upside Target	246.50
Upside Target	273.90
Upside Target	283.00
Upside Target	285.00
Upside Target	285.50
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	219.33
Downside Intraday Target	203.67
Upside Intraday Target	244.58
Upside Intraday Target	254.17
Downside Intraday Target	228.92

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	235.00	218.35	238.50	213.25	0.552 times
25 Fri Oct 2024	216.85	255.50	257.95	210.70	2.841 times
18 Fri Oct 2024	253.85	270.65	275.55	246.50	0.995 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

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
29 Tue Oct 2024	235.00	280.40	285.50	210.70	1.252 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 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 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 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.

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 and selling is picking up 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 232.19 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.