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(BBL) Bharat Bijlee complete technical analysis [charts+indicators] | Buy/Sell Bharat Bijlee | (BBL) share price targets

Complete technical analysis of Bharat Bijlee (BBL) by charts plus indicators, forecast predictions and share price targets for Bharat Bijlee (BBL)

Bharat Bijlee trades in NSE in Other Elect.Equip. sector.

10 day averaged volume of Bharat Bijlee is 67541

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	3224.20	3250.00	3275.00	3180.00	0.689 times
26 Fri Apr 2024	3231.95	3150.00	3247.45	3007.30	2.153 times
25 Thu Apr 2024	3135.00	3318.05	3318.05	3111.00	2.688 times
24 Wed Apr 2024	3320.90	3430.00	3489.00	3292.00	0.929 times
23 Tue Apr 2024	6794.45	6801.00	6890.50	6613.25	0.98 times
22 Mon Apr 2024	6799.70	6900.00	7000.00	6750.05	0.873 times
19 Fri Apr 2024	6761.50	6667.00	6795.00	6580.00	0.446 times
18 Thu Apr 2024	6681.40	6650.05	6737.85	6596.00	0.434 times
16 Tue Apr 2024	6686.65	6389.50	6700.30	6318.15	0.589 times
15 Mon Apr 2024	6389.50	6400.00	6549.00	6301.00	0.47 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 2937.9, for a target of 4570 or 5930.16

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3007.30
Downside Target	3180.00
Upside Target	3275.00
Upside Target	3788.55
Upside Target	4340.10
Upside Target	4750.00
Upside Target	4900.00
Upside Target	5012.05
Upside Target	5428.40
Upside Target	6085.00
Upside Target	6269.85
Upside Target	6490.00
Upside Target	6731.15
Upside Target	6994.70
Upside Target	7000.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	3177.8
Downside Intraday Target	3131.4
Upside Intraday Target	3272.8
Upside Intraday Target	3321.4
Upside Intraday Target	3226.4

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	3224.20	3250.00	3275.00	3180.00	0.09 times
26 Fri Apr 2024	3231.95	6900.00	7000.00	3007.30	3.931 times
19 Fri Apr 2024	6761.50	6400.00	6795.00	6301.00	0.744 times
12 Fri Apr 2024	6554.80	6600.00	6994.70	6520.00	1.201 times
05 Fri Apr 2024	6554.00	6420.10	6731.15	6269.85	0.479 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 Bijlee (BBL)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	3224.20	6420.10	7000.00	3007.30	1.33 times
28 Thu Mar 2024	6416.15	5702.00	6490.00	4750.00	0.697 times
29 Thu Feb 2024	5706.55	5286.00	6085.00	5012.05	0.635 times
31 Wed Jan 2024	5265.90	4839.95	5428.40	4340.10	1.698 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 Bijlee (BBL)

Price action analysis of Bharat Bijlee ( (BBL) ) 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 Bijlee ( (BBL) ) 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 Bijlee ( (BBL) ) based on a mid to longer 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.

ADX buy sell signal for Bharat Bijlee stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Bharat Bijlee 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 coming down

CCI has generated a buy signal for Bharat Bijlee in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bharat Bijlee is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4501.54 and Bharat Bijlee (BBL) 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 Bijlee (BBL) stock. Volume based technical analysis of Bharat Bijlee (BBL) stock is negative.

Bharat Bijlee 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.