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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
24 Tue Nov 31.35 31.70 31.90 30.75 754.27 lakhs
23 Mon Nov 31.35 29.60 31.55 29.25 949.09 lakhs
20 Fri Nov 29.20 29.40 29.70 28.65 404.81 lakhs
19 Thu Nov 29.15 28.40 30.20 28.20 837.53 lakhs
18 Wed Nov 28.45 28.30 28.60 28.15 209.46 lakhs
BHEL chart

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 30.8, for a target of 29.6 or 28.51

  • Daily Price action analysis of 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.

  • 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 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 31.10 as on 25 Wed Nov 13:50

Day open is at 31.45, day high is at 31.95, day low is at 30.35, and day volume is at 13618.77 lakhs so far.

First 15 minute high low range is 31.35 - 31.95

First hour high low range is 31.35 - 31.95

Date Intraday Price Open High Low Volume
25 Wed Nov 13:50 31.10 31.45 31.95 30.35 37566954
25 Wed Nov 13:45 31.15 31.45 31.95 30.35 37250043
25 Wed Nov 13:40 31.15 31.45 31.95 30.35 36984159
25 Wed Nov 13:35 31.10 31.45 31.95 30.35 36807094
25 Wed Nov 13:30 31.10 31.45 31.95 30.35 36557895
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: 31.65 or 31.1875
  • Upside target: 31.95
  • Downside target : 30.75
  • Second Upside target: 31.63
  • Second Downside target : 30.48

Bharat Heavy (BHEL) weekly technical analysis

Date Weekly Close Open Range Volume
24 Tue Nov 31.35 29.60 29.25
31.90
1703.363 lakhs
20 Fri Nov 29.20 28.25 28.10
30.20
1646.19 lakhs
13 Fri Nov 27.95 27.65 27.40
29.25
1688.423 lakhs
06 Fri Nov 27.95 28.25 26.95
29.15
1384.216 lakhs
30 Fri Oct 28.00 29.30 27.35
30.40
1384.891 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 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
24 Tue Nov 31.35 28.25 26.95
31.90
6422.192 lakhs
30 Fri Oct 28.00 29.70 26.75
30.40
4114.469 lakhs
30 Wed Sep 29.25 39.00 28.85
40.40
8180.345 lakhs
31 Mon Aug 38.55 36.15 34.75
42.45
12073.122 lakhs
31 Fri Jul 35.95 36.30 35.40
44.40
15135.173 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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: 32.6
  • Downside daily target: 30.93
  • Downside daily target: 29.45
  • Downside daily target: 27.95

Bharat Heavy Weekly stock price targets

  • Upside weekly target: 32.95
  • Downside weekly target: 31.1
  • Downside weekly target: 29.55
  • Downside weekly target: 28.13
  • Downside weekly target: 26.35

Bharat Heavy Monthly stock price targets

  • Upside monthly target: 44.45
  • Upside monthly target: 40.18
  • Upside monthly target: 37.79
  • Upside monthly target: 35.43
  • Upside monthly target: 33.69
  • Upside monthly target: 31.84
  • Downside monthly target: 29.2
  • Downside monthly target: 26.85
  • Downside monthly target: 25.55
  • Downside monthly target: 23.83
  • 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 but the buy signal is initial and weak.

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 coming down

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 29.68 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