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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 2024-11-04 View latest technical analysis

10 day averaged volume of Bharat Heavy is 28240928

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	233.39	242.95	242.95	230.80	0.613 times
01 Fri Nov 2024	241.97	240.90	243.00	240.50	0.118 times
31 Thu Oct 2024	239.00	236.50	240.80	232.85	0.508 times
30 Wed Oct 2024	236.60	234.95	243.10	230.75	0.756 times
29 Tue Oct 2024	235.00	232.80	236.00	227.50	1.042 times
28 Mon Oct 2024	229.75	218.35	238.50	213.25	2.024 times
25 Fri Oct 2024	216.85	228.00	228.20	210.70	1.372 times
24 Thu Oct 2024	227.30	224.10	229.80	222.05	0.934 times
23 Wed Oct 2024	223.70	233.00	235.40	222.55	1.981 times
22 Tue Oct 2024	232.80	247.65	248.00	231.65	0.807 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 229.9 as stoploss in an intra day buy trade for a target of 247.66. However, stock will show a bearish move below 229.9.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	210.70
Downside Target	230.80
Upside Target	242.95
Upside Target	273.90
Upside Target	275.55
Upside Target	283.00
Upside Target	285.00
Upside Target	285.50
Upside Target	292.00
Upside Target	319.95
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	228.48
Downside Intraday Target	223.56
Upside Intraday Target	240.63
Upside Intraday Target	247.86
Upside Intraday Target	235.71

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	233.39	242.95	242.95	230.80	0.138 times
01 Fri Nov 2024	241.97	218.35	243.10	213.25	0.801 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

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
04 Mon Nov 2024	233.39	240.90	243.00	230.80	0.048 times
31 Thu Oct 2024	239.00	280.40	285.50	210.70	1.365 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

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 neutral. A longer time frame might give a better analysis.

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 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 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. Bulls 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 but SELL 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

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 228.72 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.