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Stock analysis Bharat Heavy Electricals Limited BHEL

More indepth analysis on MunafaSutra.com

Moving Averages for Bharat Heavy Electricals Limited

  • 5Day Average: 274.62
  • 12Day Average: 264.76
  • 20Day Average: 260.8
  • 50Day Average: 245.29
  • 100Day Average: 223.52
  • 150Day Average: 193.39
  • 200Day Average: 172.49

BHEL Indicators & signals

Indicator MACD (12,26,9)

267.12, 257.88, 7.44
Indicator MACD is in positive zone

Indicator ADX (14)

43.88, 31.65, 12.35
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BHEL Bharat Heavy Electricals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 281.70 277.40 to 284.80 1.73% 1.32 times
29 Mon Apr 2024 276.90 274.80 to 281.90 -0.7% 0.87 times
26 Fri Apr 2024 278.85 274.25 to 281.45 2.67% 1.77 times
25 Thu Apr 2024 271.60 264.10 to 273.90 2.86% 1.56 times
24 Wed Apr 2024 264.05 258.15 to 265.40 1.5% 0.79 times
23 Tue Apr 2024 260.15 259.60 to 264.00 0.31% 0.66 times
22 Mon Apr 2024 259.35 254.50 to 261.00 1.89% 0.65 times
19 Fri Apr 2024 254.55 246.25 to 256.35 0.53% 0.89 times
18 Thu Apr 2024 253.20 251.70 to 263.00 -1.77% 0.93 times
16 Tue Apr 2024 257.75 251.55 to 260.45 0.49% 0.76 times
15 Mon Apr 2024 256.50 252.55 to 261.95 -2.29% 1.12 times
12 Fri Apr 2024 262.50 258.00 to 269.20 0% 1.19 times

Technical analysis forecast of Bharat Heavy Electricals Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bharat Heavy Electricals Limited BHEL at this time. Stock is rising and might rise more.

It appears as if Bharat Heavy Electricals Limited BHEL gave a large move recently.

Stock of Bharat Heavy Electricals Limited (BHEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Bharat Heavy Electricals Limited 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 281.3, for a target of 270.4 or 261.34

More indepth analysis on MunafaSutra.com