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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 18084371

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	260.15	260.00	264.00	259.60	0.691 times
22 Mon Apr 2024	259.35	257.45	261.00	254.50	0.682 times
19 Fri Apr 2024	254.55	250.75	256.35	246.25	0.933 times
18 Thu Apr 2024	253.20	259.60	263.00	251.70	0.969 times
16 Tue Apr 2024	257.75	255.00	260.45	251.55	0.795 times
15 Mon Apr 2024	256.50	254.20	261.95	252.55	1.169 times
12 Fri Apr 2024	262.50	258.60	269.20	258.00	1.251 times
10 Wed Apr 2024	262.50	256.80	265.30	255.95	1.942 times
09 Tue Apr 2024	255.75	257.20	259.90	253.35	0.762 times
08 Mon Apr 2024	256.45	255.75	258.30	254.15	0.692 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 259.8, but if it comes below 259.8, then a intra day sell could be more profitable.
If you take a sell trade below 259.8, then use 259.8 as stoploss and 252.47 as target. However if you take a buy trade in stock , then use 259.8 as stoploss and 268.6 as target.

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	234.45
Downside Target	243.25
Downside Target	253.35
Downside Target	256.90
Upside Target	263.00
Upside Target	264.00
Upside Target	269.20
Upside Target	275.85

Intraday share price targets for Bharat Heavy (BHEL)

Target Type	Value
Downside Intraday Target	255.1
Downside Intraday Target	250.05
Upside Intraday Target	264.6
Upside Intraday Target	269.05
Downside Intraday Target	259.55

Weekly technical analysis of Bharat Heavy (BHEL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	260.15	257.45	264.00	254.50	0.355 times
19 Fri Apr 2024	254.55	254.20	263.00	246.25	0.832 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

Price has moved up 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
23 Tue Apr 2024	260.15	249.00	269.20	246.25	0.317 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 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 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. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Bharat Heavy in short term and BUY signal is strong.

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 258.42 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.