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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.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Bharat Heavy is 19013569

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	257.75	255.00	260.45	251.55	0.756 times
15 Mon Apr 2024	256.50	254.20	261.95	252.55	1.111 times
12 Fri Apr 2024	262.50	258.60	269.20	258.00	1.19 times
10 Wed Apr 2024	262.50	256.80	265.30	255.95	1.847 times
09 Tue Apr 2024	255.75	257.20	259.90	253.35	0.724 times
08 Mon Apr 2024	256.45	255.75	258.30	254.15	0.658 times
05 Fri Apr 2024	254.95	251.50	255.90	247.75	0.765 times
04 Thu Apr 2024	251.50	253.00	256.90	247.45	0.834 times
03 Wed Apr 2024	251.80	250.55	254.65	248.65	1.021 times
02 Tue Apr 2024	252.20	253.75	254.90	249.80	0.968 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 259.3 as stoploss in an intra day sell trade for a target of 245.34. However, stock will show a bullish move above 259.3.

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
Downside Target	253.35
Downside Target	253.70
Downside Target	256.90
Upside Target	261.95
Upside Target	269.20
Upside Target	275.85

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	252.22
Downside Intraday Target	246.68
Upside Intraday Target	262.62
Upside Intraday Target	267.48
Downside Intraday Target	257.08

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	257.75	254.20	261.95	251.55	0.423 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
16 Tue Apr 2024	257.75	249.00	269.20	247.45	0.246 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing momentum.

MACD generated a BUY signal for Bharat Heavy in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Bharat Heavy in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 256.93 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.