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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
25 Fri Sep 30.15 30.00 30.45 28.85 579.7 lakhs
24 Thu Sep 29.85 30.80 30.95 29.55 401.98 lakhs
23 Wed Sep 31.50 33.10 33.30 30.90 357.97 lakhs
22 Tue Sep 32.60 34.50 34.55 32.30 527.45 lakhs
21 Mon Sep 34.25 34.50 35.55 34.00 392.28 lakhs
BHEL chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 29.5, for a target of 33 or 35.88

  • 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 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 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 30.15 as on 25 Fri Sep 15:33

Day open is at 30.00, day high is at 30.45, day low is at 28.85, and day volume is at 20797.97 lakhs so far.

First 15 minute high low range is 30.00 - 30.40

First hour high low range is 29.75 - 30.40

Date Intraday Price Open High Low Volume
25 Fri Sep 15:33 30.15 30.00 30.45 28.85 57928936
25 Fri Sep 15:29 30.30 30.00 30.45 28.85 57928936
25 Fri Sep 15:25 30.15 30.00 30.45 28.85 56643191
25 Fri Sep 15:20 30.25 30.00 30.45 28.85 55630948
25 Fri Sep 15:15 30.05 30.00 30.40 28.85 53185046
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: 30.2 or 29.975
  • Upside target: 30.4
  • Downside target : 29.6
  • Second Upside target: 31.1
  • Second Downside target : 29.5

Bharat Heavy (BHEL) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 30.15 34.50 28.85
35.55
2259.387 lakhs
18 Fri Sep 34.65 36.20 34.50
37.45
1385.639 lakhs
11 Fri Sep 37.10 38.95 35.60
39.15
1145.249 lakhs
04 Fri Sep 38.70 42.05 37.35
42.45
2974.54 lakhs
28 Fri Aug 41.65 41.50 39.05
42.40
3087.593 lakhs
weekly BHEL chart

Weekly forecast of Bharat Heavy is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Bharat Heavy 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.

Weekly Price action analysis of Bharat Heavy based on a short to mid 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.

Bharat Heavy (BHEL) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 30.15 39.00 28.85
40.40
6675.044 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
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
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 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: 37.58
  • Upside daily target: 35.73
  • Upside daily target: 33.95
  • Upside daily target: 31.65
  • Downside daily target: 30

Bharat Heavy Weekly stock price targets

  • Upside weekly target: 43.93
  • Upside weekly target: 41.38
  • Upside weekly target: 38.96
  • Upside weekly target: 36.89
  • Upside weekly target: 34.58
  • Upside weekly target: 32.85
  • Upside weekly target: 30.85
  • Downside weekly target: 26.15

Bharat Heavy Monthly stock price targets

  • Upside monthly target: 48.63
  • Upside monthly target: 45.51
  • Upside monthly target: 40.18
  • Upside monthly target: 37.79
  • Upside monthly target: 35.43
  • Upside monthly target: 33.69
  • Upside monthly target: 32.06
  • 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 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 Strong and stock is gaining 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 SELL signal for Bharat Heavy in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 33.12 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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chart BHEL