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2020 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
03 Fri Jul 38.65 37.00 39.00 36.65 1442.96 lakhs
02 Thu Jul 36.70 37.00 37.15 36.40 382.21 lakhs
01 Wed Jul 36.05 36.30 36.70 35.40 473.04 lakhs
30 Tue Jun 35.70 36.60 37.80 35.00 811.9 lakhs
29 Mon Jun 35.75 36.20 36.80 35.35 463.41 lakhs
BHEL chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.6, but if it comes below 36.6, then a intra day sell could be more profitable.
If you take a sell trade below 36.6, then use 36.6 as stoploss and 33.15 as target. However if you take a buy trade in stock , then use 36.6 as stoploss and 40.7 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of BHEL based on a 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.

Intraday technical analysis of Bharat Heavy

Stock is trading at 38.65 as on 03 Fri Jul 15:33

Day open is at 37.00, day high is at 39.00, day low is at 36.65, and day volume is at 48397.25 lakhs so far.

First 15 minute high low range is 36.70 - 37.40

First hour high low range is 36.65 - 37.40

Date Intraday Price Open High Low Volume
03 Fri Jul 15:33 38.65 37.00 39.00 36.65 144246796
03 Fri Jul 15:30 38.55 37.00 39.00 36.65 144246796
03 Fri Jul 15:25 38.55 37.00 39.00 36.65 141087718
03 Fri Jul 15:20 38.60 37.00 39.00 36.65 138383426
03 Fri Jul 15:15 38.60 37.00 39.00 36.65 135207210
Intraday BHEL chart

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: 37.05 or 38.325
  • Upside target: 37.4
  • Downside target : 36
  • Second Upside target: 40
  • Second Downside target : 37.65

Bharat Heavy (BHEL) weekly technical analysis

Date Weekly Close Open Range Volume
03 Fri Jul 38.65 36.20 35.00
39.00
3573.519 lakhs
26 Fri Jun 36.90 32.95 32.25
39.80
6336.413 lakhs
19 Fri Jun 32.45 29.25 27.35
33.00
5867.425 lakhs
12 Fri Jun 31.40 28.55 27.55
32.40
4989.561 lakhs
05 Fri Jun 27.75 28.40 26.40
29.00
2435.388 lakhs
weekly BHEL chart

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 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.

Weekly 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 (BHEL) Monthly technical analysis

Date Monthly Close Open Range Volume
03 Fri Jul 38.65 36.30 35.40
39.00
2298.213 lakhs
30 Tue Jun 35.70 28.40 26.40
39.80
20904.092 lakhs
29 Fri May 28.00 21.70 20.90
29.25
16702.097 lakhs
30 Thu Apr 22.45 20.65 20.40
23.35
4884.699 lakhs
31 Tue Mar 20.80 31.10 18.40
31.70
4967.218 lakhs
monthly BHEL chart

Monthly forecast of Bharat Heavy is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Bharat Heavy 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.

Monthly 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 Daily stock price targets

  • Upside daily target: 40.18
  • Downside daily target: 37.89
  • Downside daily target: 36
  • Downside daily target: 33.95

Bharat Heavy Weekly stock price targets

  • Upside weekly target: 42.13
  • Downside weekly target: 37.91
  • Downside weekly target: 35.55
  • Downside weekly target: 32.2
  • Downside weekly target: 30.28
  • Downside weekly target: 28.38
  • Downside weekly target: 26.8
  • Downside weekly target: 25.5
  • Downside weekly target: 23.93
  • Downside weekly target: 22.2

Bharat Heavy Monthly stock price targets

  • Upside monthly target: 68.73
  • Upside monthly target: 55.65
  • Upside monthly target: 50.15
  • Upside monthly target: 45.51
  • Upside monthly target: 40.63
  • Downside monthly target: 38.01
  • Downside monthly target: 35.43
  • Downside monthly target: 33.69
  • Downside monthly target: 31.05
  • Downside monthly target: 26.85
  • Downside monthly target: 24.45
  • Downside monthly target: 22.39
  • Downside monthly target: 12.95

Bharat Heavy (BHEL) indicators technical analysis

Price action analysis of Bharat Heavy (BHEL) based on a short 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 BUY signal for Bharat Heavy in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 36.49 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.

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chart BHEL