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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.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 26460

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	5431.65	5670.00	5671.70	5405.00	0.774 times
07 Thu Mar 2024	5626.75	5571.75	5664.00	5530.00	0.591 times
06 Wed Mar 2024	5528.10	5702.10	5760.95	5400.00	1.638 times
05 Tue Mar 2024	5758.75	5829.75	5869.35	5740.10	0.552 times
04 Mon Mar 2024	5817.80	5943.30	5980.00	5802.00	0.688 times
02 Sat Mar 2024	5943.30	5997.05	5997.05	5910.00	0.089 times
01 Fri Mar 2024	5970.15	5702.00	6039.95	5702.00	3.214 times
29 Thu Feb 2024	5706.55	5749.95	5758.00	5641.85	0.544 times
28 Wed Feb 2024	5739.70	5860.00	5860.00	5681.05	0.672 times
27 Tue Feb 2024	5807.80	5800.00	5888.45	5780.00	0.979 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 5474.7, for a target of 5624.6 or 5749.59

Share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Target	3571.00
Downside Target	3788.55
Downside Target	3874.00
Downside Target	4340.10
Downside Target	4900.00
Downside Target	5012.05
Downside Target	5400.00
Upside Target	5543.10
Upside Target	5923.95
Upside Target	5980.00
Upside Target	6039.95
Upside Target	6085.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type	Value
Downside Intraday Target	5333.87
Downside Intraday Target	5236.08
Upside Intraday Target	5600.57
Upside Intraday Target	5769.48
Upside Intraday Target	5502.78

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	5431.65	5670.00	5671.70	5405.00	0.223 times
07 Thu Mar 2024	5626.75	5943.30	5980.00	5400.00	0.531 times
02 Sat Mar 2024	5943.30	5782.50	6039.95	5641.85	1.569 times
23 Fri Feb 2024	5721.95	5806.25	5923.95	5543.10	0.421 times
16 Fri Feb 2024	5806.25	5985.00	6085.00	5611.00	0.488 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
11 Mon Mar 2024	5431.65	5702.00	6039.95	5400.00	0.182 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
29 Fri Dec 2023	4832.75	3811.60	4900.00	3788.55	2.081 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 gaining momentum.

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

Bharat Bijlee 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Bijlee in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Bijlee is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5762.28 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.