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(BEPL) Bhansali Engineering complete technical analysis [charts+indicators] | Buy/Sell Bhansali Engineering | (BEPL) share price targets

Complete technical analysis of Bhansali Engineering (BEPL) by charts plus indicators, forecast predictions and share price targets for Bhansali Engineering (BEPL)

Bhansali Engineering trades in NSE in Specialty Chemicals sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Bhansali Engineering is 606095

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	87.10	87.45	89.20	85.50	1.065 times
14 Thu Mar 2024	86.35	82.40	87.55	81.60	1.366 times
13 Wed Mar 2024	82.40	88.35	89.55	81.75	1.627 times
12 Tue Mar 2024	88.05	90.50	91.50	87.45	1.577 times
11 Mon Mar 2024	90.05	93.50	94.25	89.65	1.255 times
07 Thu Mar 2024	93.35	93.80	95.60	92.15	1.003 times
06 Wed Mar 2024	93.40	94.40	94.90	92.05	1.341 times
05 Tue Mar 2024	94.05	95.55	96.10	93.75	0.697 times
04 Mon Mar 2024	95.30	96.90	97.40	94.50	0.633 times
02 Sat Mar 2024	97.35	97.00	97.90	92.35	0.139 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89.5, but if it comes above 89.5, then a intra day buy could be more profitable.
If you take a sell trade below 89.5, then use 89.5 as stoploss and 83.4 as target. However if you take a buy trade in stock , then use 89.5 as stoploss and 94.47 as target.

Share price targets for Bhansali Engineering (BEPL)

Target Type	Value
Downside Target	81.60
Downside Target	85.15
Upside Target	91.30
Upside Target	94.25
Upside Target	97.35
Upside Target	99.95
Upside Target	100.65
Upside Target	102.60
Upside Target	103.45
Upside Target	109.30
Upside Target	109.70
Upside Target	118.00

Intraday share price targets for Bhansali Engineering (BEPL)

Target Type	Value
Downside Intraday Target	81.05
Downside Intraday Target	75
Upside Intraday Target	93.7
Upside Intraday Target	100.3
Upside Intraday Target	87.65

Weekly technical analysis of Bhansali Engineering (BEPL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	87.10	93.50	94.25	81.60	1.875 times
07 Thu Mar 2024	93.35	96.90	97.40	92.05	1.17 times
02 Sat Mar 2024	97.35	99.60	99.95	92.35	0.807 times
23 Fri Feb 2024	99.00	102.05	102.60	97.35	0.751 times
16 Fri Feb 2024	101.50	102.05	103.45	94.35	0.796 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bhansali Engineering (BEPL)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	87.10	96.00	97.90	81.60	0.523 times
29 Thu Feb 2024	95.45	106.60	109.30	94.35	0.256 times
31 Wed Jan 2024	106.50	101.00	118.00	100.65	1.116 times
29 Fri Dec 2023	100.80	92.30	109.70	91.30	2.249 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 Bhansali Engineering (BEPL)

Price action analysis of Bhansali Engineering ( (BEPL) ) 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 Bhansali Engineering ( (BEPL) ) 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 Bhansali Engineering ( (BEPL) ) 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 Bhansali Engineering stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bhansali Engineering in short term and the sell signal is strong.

Bhansali Engineering 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 moving up

CCI has generated a buy signal for Bhansali Engineering in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bhansali Engineering is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 89.22 and Bhansali Engineering (BEPL) 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 Bhansali Engineering (BEPL) stock. Volume based technical analysis of Bhansali Engineering (BEPL) stock is negative.

Bhansali Engineering 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.