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2021 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
15 Tue Jun 69.65 67.20 72.00 67.10 1577.19 lakhs
14 Mon Jun 67.40 69.40 69.75 61.65 1882.58 lakhs
11 Fri Jun 76.20 76.90 77.50 75.45 573.35 lakhs
10 Thu Jun 75.80 75.35 76.50 74.70 501.34 lakhs
09 Wed Jun 74.80 75.95 79.55 73.75 1511.05 lakhs
BHEL chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70.8, but if it comes above 70.8, then a intra day buy could be more profitable.
If you take a sell trade below 70.8, then use 70.8 as stoploss and 68 as target. However if you take a buy trade in stock , then use 70.8 as stoploss and 73.02 as target.

  • Daily Price action analysis of BHEL 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

  • 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 69.65 as on 15 Tue Jun 15:34

Day open is at 67.20, day high is at 72.00, day low is at 67.10, and day volume is at 85646.5 lakhs so far.

First 15 minute high low range is 67.10 - 70.65

First hour high low range is 67.10 - 72.00

Date Intraday Price Open High Low Volume
15 Tue Jun 15:34 69.65 67.20 72.00 67.10 157637330
15 Tue Jun 15:30 69.50 67.20 72.00 67.10 157637330
15 Tue Jun 15:25 69.65 67.20 72.00 67.10 155547648
15 Tue Jun 15:20 69.65 67.20 72.00 67.10 153176603
15 Tue Jun 15:15 69.65 67.20 72.00 67.10 151207474
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: 68.88 or 70.1875
  • Upside target: 70.65
  • Downside target : 63.55
  • Second Upside target: 73.28
  • Second Downside target : 68.38

Bharat Heavy (BHEL) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 69.65 69.40 61.65
72.00
3459.778 lakhs
11 Fri Jun 76.20 74.55 73.30
79.55
4882.043 lakhs
04 Fri Jun 73.90 72.05 70.70
75.25
3169.004 lakhs
28 Fri May 71.90 72.80 70.60
75.45
3567.744 lakhs
21 Fri May 72.20 69.05 66.85
77.70
6056.433 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 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 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
15 Tue Jun 69.65 71.65 61.65
79.55
11053.923 lakhs
31 Mon May 71.05 47.85 47.40
77.70
30185.389 lakhs
30 Fri Apr 48.30 49.00 43.00
53.05
8728.066 lakhs
31 Wed Mar 48.75 48.70 46.90
56.50
17223.5 lakhs
26 Fri Feb 47.60 36.50 35.40
48.80
18314.183 lakhs
monthly BHEL chart

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 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.

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: 80.35
  • Upside daily target: 76.15
  • Upside daily target: 72.5
  • Downside daily target: 68.58
  • Downside daily target: 65.11
  • Downside daily target: 60.48

Bharat Heavy Weekly stock price targets

  • Upside weekly target: 81.5
  • Upside weekly target: 77.15
  • Upside weekly target: 72.3
  • Downside weekly target: 68.83
  • Downside weekly target: 64.5
  • Downside weekly target: 55.95
  • Downside weekly target: 52.6
  • Downside weekly target: 48.16
  • Downside weekly target: 45.23
  • Downside weekly target: 42.4

Bharat Heavy Monthly stock price targets

  • Upside monthly target: 89.53
  • Upside monthly target: 74.6
  • Downside monthly target: 68.46
  • Downside monthly target: 59.23
  • Downside monthly target: 54.9
  • Downside monthly target: 52.16
  • Downside monthly target: 47.83
  • Downside monthly target: 45.15
  • Downside monthly target: 41.5
  • Downside monthly target: 39.18
  • Downside monthly target: 37.14
  • Downside monthly target: 34.83
  • Downside monthly target: 31.98
  • Downside monthly target: 29.9
  • Downside monthly target: 27.98
  • Downside monthly target: 25.55
  • Downside monthly target: 23.28

Bharat Heavy (BHEL) indicators technical analysis

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.

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 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. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 72.87 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 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