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Stock analysis Bharat Bijlee Limited BBL

More indepth analysis on MunafaSutra.com

Moving Averages for Bharat Bijlee Limited

  • 5Day Average: 3450.65
  • 12Day Average: 3327.93
  • 20Day Average: 3822.37
  • 50Day Average: 5089.66
  • 100Day Average: 5116.83
  • 150Day Average: 4670.13
  • 200Day Average: 4457.71

BBL Indicators & signals

Indicator MACD (12,26,9)

3576.13, 4139.06, -646.89
Indicator MACD is in negative zone

Indicator ADX (14)

17.72, 25.85, 36.98
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 34
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of BBL Bharat Bijlee Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 3699.90 3658.85 to 3795.00 1.12% 2.64 times
16 Thu May 2024 3659.00 3477.60 to 3688.00 5.82% 3.58 times
15 Wed May 2024 3457.60 3272.00 to 3479.90 6.96% 1.61 times
14 Tue May 2024 3232.50 3170.05 to 3260.00 0.88% 0.37 times
13 Mon May 2024 3204.25 3075.05 to 3251.00 2.43% 0.51 times
10 Fri May 2024 3128.15 3100.05 to 3197.20 -0.99% 0.36 times
09 Thu May 2024 3159.50 3139.70 to 3337.95 -5.33% 0.57 times
08 Wed May 2024 3337.25 3138.75 to 3430.00 5.83% 0.84 times
07 Tue May 2024 3153.30 3129.70 to 3320.00 -4.32% 0.95 times
06 Mon May 2024 3295.70 3230.00 to 3350.00 -0% 0.58 times
03 Fri May 2024 3295.75 3238.05 to 3350.00 -0.5% 0.63 times
02 Thu May 2024 3312.30 3190.00 to 3323.35 2.09% 0.79 times

Technical analysis forecast for Bharat Bijlee Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bharat Bijlee Limited BBL at this time. Stock is falling and might fall more.

It appears as if Bharat Bijlee Limited BBL gave a large move recently.

Stock of Bharat Bijlee Limited (BBL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bharat Bijlee Limited is bearish for shortterm, and stock might move down till 2657.2 or till 1153. Use a stoploss of 3910.66 and if the stock hits stoploss, then it can shoot up till 5164.15

More indepth analysis on MunafaSutra.com