2022 Bharat Heavy (BHEL) technical analysis [forecast] stock price targets
Bharat Heavy technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis
Bharat Heavy deals in Heavy Electrical Equipment Bharat Heavy option chain analysis
| Date | Close | Open | High | Low | Volume |
| 27 Thu Jan | 59.40 | 57.45 | 60.35 | 57.00 | 518.99 lakhs |
| 25 Tue Jan | 57.60 | 56.95 | 58.35 | 56.30 | 288.11 lakhs |
| 24 Mon Jan | 57.25 | 59.80 | 60.10 | 56.30 | 297.76 lakhs |
| 21 Fri Jan | 59.60 | 61.40 | 62.25 | 58.55 | 266.25 lakhs |
| 20 Thu Jan | 61.70 | 62.00 | 62.30 | 61.10 | 163.46 lakhs |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 58.6 as stoploss in an intra day buy trade for a target of 60.57. However, stock will show a bearish move below 58.6.
Daily Price action analysis of BHEL 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.
Daily Price action analysis of BHEL based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Daily Price action analysis of BHEL based on a 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.
Intraday technical analysis of Bharat Heavy
Stock is trading at 59.45 as on 28 Fri Jan 11:35
Day open is at 61.40, day high is at 61.75, day low is at 58.30, and day volume is at 7154.28 lakhs so far.
First 15 minute high low range is 58.75 - 61.75
First hour high low range is 58.30 - 61.75
| Date | Intraday Price | Open | High | Low | Volume |
| 28 Fri Jan 11:35 | 59.45 | 61.40 | 61.75 | 58.30 | 32877569 |
| 28 Fri Jan 11:30 | 59.50 | 61.40 | 61.75 | 58.30 | 32306203 |
| 28 Fri Jan 11:25 | 59.25 | 61.40 | 61.75 | 58.30 | 31506972 |
| 28 Fri Jan 11:20 | 59.05 | 61.40 | 61.75 | 58.30 | 31223623 |
| 28 Fri Jan 11:15 | 59.20 | 61.40 | 61.75 | 58.30 | 31006158 |
Trend of Bharat Heavy is not defined as of yet. Wait for entry and exit levels given below.
Take a trade after 9:30am only.
Bharat Heavy (BHEL) intraday stock price targets
- EntEntry: 60.25 or 59.275
- Upside target: 61.75
- Downside target : 55.75
- Second Upside target: 61.55
- Second Downside target : 58.2
Bharat Heavy (BHEL) weekly technical analysis
| Date | Weekly Close | Open | Range | Volume |
| 27 Thu Jan | 59.40 | 59.80 | 56.30 60.35 |
1104.861 lakhs |
| 21 Fri Jan | 59.60 | 64.05 | 58.55 64.60 |
1288.078 lakhs |
| 14 Fri Jan | 63.70 | 59.80 | 59.70 64.55 |
1636.79 lakhs |
| 07 Fri Jan | 59.50 | 59.00 | 58.55 61.20 |
1169.193 lakhs |
| 31 Fri Dec | 58.95 | 57.00 | 56.30 59.45 |
1128.271 lakhs |
Weekly forecast of Bharat Heavy is positive. Buyers dominated the stock this week, and this trend might continue for a few days
Weekly Price action analysis of Bharat Heavy 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.
Weekly Price action analysis of Bharat Heavy 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.
Bharat Heavy (BHEL) Monthly technical analysis
| Date | Monthly Close | Open | Range | Volume |
| 27 Thu Jan | 59.40 | 59.00 | 56.30 64.60 |
5198.923 lakhs |
| 31 Fri Dec | 58.95 | 59.25 | 56.05 66.05 |
6766.898 lakhs |
| 30 Tue Nov | 58.90 | 68.80 | 56.80 74.50 |
7780.832 lakhs |
| 29 Fri Oct | 68.25 | 64.30 | 62.70 80.35 |
15542.11 lakhs |
| 30 Thu Sep | 64.65 | 54.50 | 52.60 65.25 |
9690.653 lakhs |
Monthly forecast of Bharat Heavy is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.
Monthly Price action analysis of Bharat Heavy 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.
Monthly Price action analysis of Bharat Heavy 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.
Bharat Heavy Daily stock price targets
- Upside daily target: 65.38
- Upside daily target: 62.15
- Downside daily target: 59
- Downside daily target: 54.88
Bharat Heavy Weekly stock price targets
- Upside weekly target: 67.15
- Upside weekly target: 63.68
- Upside weekly target: 60.46
- Downside weekly target: 57.29
Bharat Heavy Monthly stock price targets
- Upside monthly target: 89.53
- Upside monthly target: 83.13
- Upside monthly target: 72.91
- Upside monthly target: 68.46
- Upside monthly target: 64.2
- Downside monthly target: 59.28
- Downside monthly target: 54
- Downside monthly target: 50.68
- Downside monthly target: 46.84
- Downside monthly target: 40.63
Bharat Heavy (BHEL) most active calls puts options
- CE of strike 60
- CE of strike 65
- CE of strike 70
- PE of strike 55
- CE of strike 62
- PE of strike 60
- CE of strike 58
- CE of strike 59
- CE of strike 55
- PE of strike 50
- PE of strike 58
- CE of strike 75
- PE of strike 57
- CE of strike 63
- CE of strike 61
- CE of strike 68
- PE of strike 53
- PE of strike 59
- PE of strike 56
- PE of strike 48
- CE of strike 80
- CE of strike 66
- CE of strike 67
- PE of strike 65
- CE of strike 57
- PE of strike 45
- PE of strike 54
- CE of strike 64
- PE of strike 70
- PE of strike 62
Bharat Heavy (BHEL) indicators technical analysis
Price action analysis of Bharat Heavy (BHEL) 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.
ADX buy sell signal for Bharat Heavy stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bharat Heavy in short term and the sell signal is strong.
Bharat Heavy 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bharat Heavy in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 60.71 and Bharat Heavy BHEL 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 Bharat Heavy BHEL stock. Volume based technical analysis of Bharat Heavy BHEL stock is negative.
Bharat Heavy 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.
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