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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 75386

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 3295.75 3328.90 3350.00 3238.05 0.56 times
02 Thu May 2024 3312.30 3234.30 3323.35 3190.00 0.698 times
30 Tue Apr 2024 3244.45 3244.30 3313.00 3231.90 0.895 times
29 Mon Apr 2024 3224.20 3250.00 3275.00 3180.00 0.617 times
26 Fri Apr 2024 3231.95 3150.00 3247.45 3007.30 1.929 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3836.1, but if it comes above 3836.1, then a intra day buy could be more profitable.
If you take a sell trade below 3836.1, then use 3836.1 as stoploss and 1881.9 as target. However if you take a buy trade in stock , then use 3836.1 as stoploss and 5464.57 as target.

Share price targets for Bharat Bijlee (BBL)

Target Type Value
Downside Target 3007.30
Downside Target 3180.00
Upside Target 3350.00
Upside Target 4340.10
Upside Target 4750.00
Upside Target 5012.05
Upside Target 5428.40
Upside Target 6085.00
Upside Target 6269.85
Upside Target 6490.00
Upside Target 6731.15
Upside Target 6795.00
Upside Target 6994.70
Upside Target 7000.00

Intraday share price targets for Bharat Bijlee (BBL)

Target Type Value
Downside Intraday Target 3200.5
Downside Intraday Target 3105.25
Upside Intraday Target 3370.5
Upside Intraday Target 3445.25
Downside Intraday Target 3275.25

Weekly technical analysis of Bharat Bijlee (BBL)

Date Weekly Closing Price Open High Low Volume
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
12 Fri Apr 2024 6554.80 6600.00 6994.70 6520.00 1.201 times
05 Fri Apr 2024 6554.00 6420.10 6731.15 6269.85 0.479 times

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

Monthly technical analysis of Bharat Bijlee (BBL)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 3295.75 3234.30 3350.00 3190.00 0.088 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 13, 58, 64 Sell
MACD -1150, -692Sell
Stochastics 7Sell
CCI -46Buy
RSI 25Sell
OBV 89126Sell
VWAP 3959Sell
ADL 0Sell
ROC -51Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Bijlee in short term and the sell signal is strong.

Bharat Bijlee 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 coming down

CCI has generated a buy signal for Bharat Bijlee in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 3958.78 and Bharat Bijlee (BBL) 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 Bijlee (BBL) stock. Volume based technical analysis of Bharat Bijlee (BBL) stock is negative.

Bharat Bijlee 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.

Click here for Bharat Bijlee charts

Click here for further forecast and predictions for tomorrow

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