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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 2024-03-14 View latest technical analysis

10 day averaged volume of Bharat Bijlee is 27492

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	5067.25	4765.05	5110.00	4750.00	1.494 times
13 Wed Mar 2024	4858.65	5251.95	5257.25	4813.25	1.468 times
12 Tue Mar 2024	5202.40	5439.95	5489.40	5175.00	0.745 times
11 Mon Mar 2024	5431.65	5670.00	5671.70	5405.00	0.745 times
07 Thu Mar 2024	5626.75	5571.75	5664.00	5530.00	0.569 times
06 Wed Mar 2024	5528.10	5702.10	5760.95	5400.00	1.576 times
05 Tue Mar 2024	5758.75	5829.75	5869.35	5740.10	0.531 times
04 Mon Mar 2024	5817.80	5943.30	5980.00	5802.00	0.662 times
02 Sat Mar 2024	5943.30	5997.05	5997.05	5910.00	0.086 times
01 Fri Mar 2024	5970.15	5702.00	6039.95	5702.00	3.093 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 5012.6, for a target of 5353.2 or 5637.03

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	4750.00
Downside Target	4900.00
Downside Target	5012.05
Upside 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	4654.27
Downside Intraday Target	4241.28
Upside Intraday Target	5575.97
Upside Intraday Target	6084.68
Upside Intraday Target	5162.98

Weekly technical analysis of Bharat Bijlee (BBL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	5067.25	5670.00	5671.70	4750.00	1.333 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
14 Thu Mar 2024	5067.25	5702.00	6039.95	4750.00	0.276 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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

MRSI is in negative zone. This is the SELL 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 5508.74 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.