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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.

10 day averaged volume of Bharat Heavy is 10220559

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	263.80	272.05	273.20	263.15	1.957 times
05 Thu Sep 2024	273.55	279.00	280.45	270.25	1.765 times
04 Wed Sep 2024	278.70	283.50	284.80	276.80	1.448 times
03 Tue Sep 2024	286.35	287.20	290.20	285.85	0.555 times
02 Mon Sep 2024	286.80	291.00	292.00	285.05	0.636 times
30 Fri Aug 2024	290.55	291.70	293.45	289.75	0.951 times
29 Thu Aug 2024	291.00	294.95	294.95	287.10	1.076 times
28 Wed Aug 2024	294.60	298.00	298.75	293.95	0.644 times
27 Tue Aug 2024	297.80	298.90	299.80	296.60	0.666 times
26 Mon Aug 2024	297.30	297.75	304.00	294.60	1.522 times

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 270.6, for a target of 281.8 or 291.03

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	224.05
Downside Target	263.15
Upside Target	283.00
Upside Target	302.50
Upside Target	302.65
Upside Target	304.00
Upside Target	305.80
Upside Target	319.95
Upside Target	321.00
Upside Target	322.50
Upside Target	335.35

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	253.97
Downside Intraday Target	244.13
Upside Intraday Target	282.82
Upside Intraday Target	301.83
Upside Intraday Target	272.98

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	263.80	291.00	292.00	263.15	1.309 times
30 Fri Aug 2024	290.55	297.75	304.00	287.10	1.19 times
23 Fri Aug 2024	296.20	297.90	302.50	291.65	0.947 times
16 Fri Aug 2024	296.55	300.05	302.65	286.30	0.507 times
09 Fri Aug 2024	302.20	292.00	305.80	285.00	0.792 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
06 Fri Sep 2024	263.80	291.00	292.00	263.15	0.247 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
28 Fri Jun 2024	300.85	320.00	321.00	224.05	0.891 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 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.

Bharat Heavy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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

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 282.88 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.