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(BBL) Bharat Bijlee complete technical analysis [charts+indicators] | Buy/Sell Bharat Bijlee | (BBL) share price targets

Complete technical analysis of Bharat Bijlee (BBL) by charts plus indicators, forecast predictions and share price targets for Bharat Bijlee (BBL)

10 day averaged volume of Bharat Bijlee is 80365

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 3699.90 3698.00 3795.00 3658.85 2.196 times
16 Thu May 2024 3659.00 3499.00 3688.00 3477.60 2.982 times
15 Wed May 2024 3457.60 3280.00 3479.90 3272.00 1.341 times
14 Tue May 2024 3232.50 3198.70 3260.00 3170.05 0.308 times
13 Mon May 2024 3204.25 3154.15 3251.00 3075.05 0.428 times

Stock of Bharat Bijlee (BBL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 2568.9 or till 1064.7. Use a stoploss of 3822.37 and if the stock hits stoploss, then it can shoot up till 5075.86

Share price targets for Bharat Bijlee (BBL)

Target Type Value
Downside Target 3007.30
Downside Target 3075.05
Downside Target 3180.00
Downside Target 3350.00
Downside Target 3430.00
Upside Target 3795.00
Upside Target 4340.10
Upside Target 4750.00
Upside Target 5012.05
Upside Target 5428.40
Upside Target 6085.00
Upside Target 6301.00
Upside Target 6490.00
Upside Target 6795.00
Upside Target 7000.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type Value
Downside Intraday Target 3251.63
Downside Intraday Target 2803.37
Upside Intraday Target 3971.58
Upside Intraday Target 4243.27
Downside Intraday Target 3523.32

Weekly technical analysis of Bharat Bijlee (BBL)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 3699.90 3154.15 3795.00 3075.05 2.642 times
10 Fri May 2024 3128.15 3307.00 3430.00 3100.05 1.057 times
03 Fri May 2024 3295.75 3250.00 3350.00 3180.00 0.406 times
26 Fri Apr 2024 3231.95 6900.00 7000.00 3007.30 3.931 times
19 Fri Apr 2024 6761.50 6400.00 6795.00 6301.00 0.744 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Bijlee (BBL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 3699.90 3234.30 3795.00 3075.05 0.83 times
30 Tue Apr 2024 3244.45 6420.10 7000.00 3007.30 1.418 times
28 Thu Mar 2024 6416.15 5702.00 6490.00 4750.00 0.697 times
29 Thu Feb 2024 5706.55 5286.00 6085.00 5012.05 0.635 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Bijlee (BBL)

Indicator Name Indicator Value Indicator Signal
ADX 30, 34, 6 Sell
MACD -985, -1102Buy
Stochastics 92Buy
CCI 174Buy
RSI 32Sell
OBV 401029Sell
VWAP 3489Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

Price action analysis of Bharat Bijlee ( (BBL) ) 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.

Price action analysis of Bharat Bijlee ( (BBL) ) 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.

Price action analysis of Bharat Bijlee ( (BBL) ) 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.

Price action analysis of Bharat Bijlee ( (BBL) ) based on a mid to longer 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 Bijlee stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bharat Bijlee 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 Bijlee Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Bijlee in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bharat Bijlee is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3488.81 and Bharat Bijlee (BBL) 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 Bijlee (BBL) stock. Volume based technical analysis of Bharat Bijlee (BBL) stock is negative.

Bharat Bijlee 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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