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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 18777277

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	253.20	259.60	263.00	251.70	0.934 times
16 Tue Apr 2024	257.75	255.00	260.45	251.55	0.766 times
15 Mon Apr 2024	256.50	254.20	261.95	252.55	1.125 times
12 Fri Apr 2024	262.50	258.60	269.20	258.00	1.205 times
10 Wed Apr 2024	262.50	256.80	265.30	255.95	1.87 times
09 Tue Apr 2024	255.75	257.20	259.90	253.35	0.734 times
08 Mon Apr 2024	256.45	255.75	258.30	254.15	0.667 times
05 Fri Apr 2024	254.95	251.50	255.90	247.75	0.775 times
04 Thu Apr 2024	251.50	253.00	256.90	247.45	0.844 times
03 Wed Apr 2024	251.80	250.55	254.65	248.65	1.034 times

My analysis of stock is bullish for shortterm, and stock might move up till 259.6 or till 274.6. Use a stoploss of 247.16 and if this stock hits its stoploss, then it can fall down till 234.71

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	165.80
Downside Target	191.85
Downside Target	199.70
Downside Target	207.10
Downside Target	213.40
Downside Target	234.45
Upside Target	253.35
Upside Target	253.70
Upside Target	256.90
Upside Target	263.00
Upside Target	269.20
Upside Target	275.85

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	248.83
Downside Intraday Target	244.47
Upside Intraday Target	260.28
Upside Intraday Target	267.37
Upside Intraday Target	255.92

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	253.20	254.20	263.00	251.55	0.631 times
12 Fri Apr 2024	262.50	255.75	269.20	253.35	0.989 times
05 Fri Apr 2024	254.95	249.00	256.90	247.45	1.342 times
28 Thu Mar 2024	247.30	238.50	253.70	236.20	0.487 times
22 Fri Mar 2024	239.10	216.75	240.35	213.40	0.716 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
18 Thu Apr 2024	253.20	249.00	269.20	247.45	0.267 times
28 Thu Mar 2024	247.30	230.00	275.85	207.10	1.161 times
29 Thu Feb 2024	227.55	230.50	243.25	201.35	0.773 times
31 Wed Jan 2024	228.25	199.00	234.45	191.85	1.432 times

Scroll below to view daily charts

Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short to mid 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.

Price action analysis of Bharat Heavy ( (BHEL) ) 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 Heavy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Bharat Heavy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but selling 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 Heavy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 257.05 and Bharat Heavy (BHEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.