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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 2024-11-27 View latest technical analysis

10 day averaged volume of Bharat Heavy is 12198270

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	247.66	243.09	248.39	241.50	0.818 times
26 Tue Nov 2024	243.97	243.50	247.60	243.10	1.013 times
25 Mon Nov 2024	241.22	241.90	245.74	240.40	1.344 times
22 Fri Nov 2024	234.39	228.10	236.15	226.80	1.243 times
21 Thu Nov 2024	227.94	225.45	229.24	218.12	1.218 times
19 Tue Nov 2024	225.88	224.00	233.20	223.60	0.989 times
18 Mon Nov 2024	222.67	225.11	226.35	219.66	0.926 times
14 Thu Nov 2024	223.71	222.36	227.80	220.71	0.835 times
13 Wed Nov 2024	222.56	229.71	229.71	221.50	0.934 times
12 Tue Nov 2024	230.22	239.40	239.84	229.00	0.868 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 243.4, but if it comes below 243.4, then a intra day sell could be more profitable.
If you take a sell trade below 243.4, then use 243.4 as stoploss and 235.6 as target. However if you take a buy trade in stock , then use 243.4 as stoploss and 252.8 as target.

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	210.70
Downside Target	218.12
Downside Target	229.50
Downside Target	236.15
Upside Target	248.39
Upside Target	249.45
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	242.58
Downside Intraday Target	237.49
Upside Intraday Target	250.57
Upside Intraday Target	253.47
Downside Intraday Target	245.48

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	247.66	241.90	248.39	240.40	0.725 times
22 Fri Nov 2024	234.39	225.11	236.15	218.12	1.34 times
14 Thu Nov 2024	223.71	237.40	242.45	220.71	0.568 times
08 Fri Nov 2024	239.04	242.95	249.40	229.50	0.558 times
01 Fri Nov 2024	241.97	218.35	243.10	213.25	0.801 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
27 Wed Nov 2024	247.66	240.90	249.40	218.12	0.477 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 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 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 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 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 BUY. 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 stronger in this stock.

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 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 232.33 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.