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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
17 Fri Sep 56.55 58.45 58.85 56.25 386.27 lakhs
16 Thu Sep 58.20 58.15 59.95 57.55 381.79 lakhs
15 Wed Sep 57.90 58.40 58.50 57.50 283 lakhs
14 Tue Sep 58.00 55.40 58.50 55.20 597.47 lakhs
13 Mon Sep 55.15 55.70 55.90 55.00 215.66 lakhs
BHEL chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 56.7 as stoploss in an intra day sell trade for a target of 54.77. However, stock will show a bullish move above 56.7.

  • 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 56.30 as on 20 Mon Sep 11:20

Day open is at 55.85, day high is at 56.60, day low is at 55.10, and day volume is at 1742.6 lakhs so far.

First 15 minute high low range is 55.10 - 56.40

First hour high low range is 55.10 - 56.40

Date Intraday Price Open High Low Volume
20 Mon Sep 11:20 56.30 55.85 56.60 55.10 10564338
20 Mon Sep 11:15 56.45 55.85 56.60 55.10 10414410
20 Mon Sep 11:10 56.45 55.85 56.60 55.10 10216349
20 Mon Sep 11:05 56.45 55.85 56.45 55.10 9807318
20 Mon Sep 11:00 56.35 55.85 56.40 55.10 9468585
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: 55.75 or 56.975
  • Upside target: 56.4
  • Downside target : 53.8
  • Second Upside target: 57.7
  • Second Downside target : 55.1

Bharat Heavy (BHEL) weekly technical analysis

Date Weekly Close Open Range Volume
17 Fri Sep 56.55 55.70 55.00
59.95
1864.192 lakhs
09 Thu Sep 55.65 55.85 54.00
56.80
1110.306 lakhs
03 Fri Sep 55.45 54.35 52.15
56.20
2140.757 lakhs
27 Fri Aug 54.20 52.00 49.95
54.70
1721.326 lakhs
20 Fri Aug 51.65 55.60 51.15
55.80
1407.379 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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
17 Fri Sep 56.55 54.50 52.60
59.95
4516.192 lakhs
31 Tue Aug 52.55 58.10 49.95
61.35
7399.383 lakhs
30 Fri Jul 59.40 65.85 58.80
69.00
8492.792 lakhs
30 Wed Jun 65.55 71.65 60.60
79.55
17899.413 lakhs
31 Mon May 71.05 47.85 47.40
77.70
30185.389 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 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: 60.28
  • Upside daily target: 57.2
  • Downside daily target: 53.25

Bharat Heavy Weekly stock price targets

  • Upside weekly target: 67.28
  • Upside weekly target: 63.78
  • Upside weekly target: 60.73
  • Upside weekly target: 57.23
  • Downside weekly target: 53.8
  • Downside weekly target: 49.08

Bharat Heavy Monthly stock price targets

  • Upside monthly target: 89.53
  • Upside monthly target: 72.55
  • Upside monthly target: 68.46
  • Upside monthly target: 64.2
  • Upside monthly target: 59.23
  • Downside monthly target: 54.9
  • Downside monthly target: 52.16
  • Downside monthly target: 47.83
  • Downside monthly target: 45.55
  • Downside monthly target: 41.5
  • Downside monthly target: 39.18
  • Downside monthly target: 37.14
  • Downside monthly target: 33.25

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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Bharat Heavy in short term but SELL signal is weak.

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 56.53 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 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