Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

Showing technical analysis as on 2024-02-26 View latest technical analysis

10 day averaged volume of Bharat Heavy is 29053278

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	228.05	229.80	232.15	226.25	0.492 times
23 Fri Feb 2024	229.60	229.45	233.75	228.50	0.739 times
22 Thu Feb 2024	228.50	224.00	229.40	220.95	0.861 times
21 Wed Feb 2024	221.90	232.00	232.35	220.05	0.764 times
20 Tue Feb 2024	230.90	226.90	233.80	225.95	0.791 times
19 Mon Feb 2024	225.70	226.65	230.65	225.05	0.419 times
16 Fri Feb 2024	225.85	228.55	230.50	224.95	0.692 times
15 Thu Feb 2024	227.55	227.50	233.15	224.80	1.059 times
14 Wed Feb 2024	224.45	202.50	226.20	202.50	1.678 times
13 Tue Feb 2024	213.35	217.00	217.45	201.35	2.023 times

My analysis of stock is bullish for shortterm, and stock might move up till 232.5 or till 238.6. Use a stoploss of 227.35 and if this stock hits its stoploss, then it can fall down till 222.21

Share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Target	113.50
Downside Target	120.70
Downside Target	133.75
Downside Target	165.80
Downside Target	176.50
Downside Target	191.85
Downside Target	199.70
Downside Target	217.35
Downside Target	226.25
Upside Target	232.15
Upside Target	233.80
Upside Target	234.45
Upside Target	235.70
Upside Target	243.25

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	225.48
Downside Intraday Target	222.92
Upside Intraday Target	231.38
Upside Intraday Target	234.72
Upside Intraday Target	228.82

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	228.05	229.80	232.15	226.25	0.138 times
23 Fri Feb 2024	229.60	226.65	233.80	220.05	0.556 times
16 Fri Feb 2024	225.85	228.00	233.15	201.35	1.303 times
09 Fri Feb 2024	227.55	234.65	243.25	217.35	0.975 times
02 Fri Feb 2024	233.80	221.00	235.70	219.90	1.078 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
26 Mon Feb 2024	228.05	230.50	243.25	201.35	0.546 times
31 Wed Jan 2024	228.25	199.00	234.45	191.85	1.432 times
29 Fri Dec 2023	193.55	171.35	199.70	165.80	0.863 times
30 Thu Nov 2023	170.45	121.30	176.50	120.70	2.056 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 Heavy (BHEL)

Price action analysis of Bharat Heavy ( (BHEL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bharat Heavy ( (BHEL) ) 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 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 Weak and stock is losing momentum.

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

Bharat Heavy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 223.88 and Bharat Heavy (BHEL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.