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Technicals for Bharat Heavy Electricals Limited
By MusingTheNews
2025-07-16 20:26
Overall Technical outlook
Price Summary
Bharat Heavy Electricals Limited's stock opened at 257.35 on 2025-07-15, surged to 259.35, hit a low of 255.7, and closed up 0.06% at 257.5, with 2784260 shares traded. For the 52-week period, the stock's highest price is 323.05, and the lowest price is 179.17. Based on recommendations from 17 analysts, the future price of BHEL is expected to range from 70.0 to 360.0, with an average price expectation around 225.23529.
Technicals
Support and Resistance: The price for BHEL is 257.5, with support at 250.35 and resistance at 266.41. This suggests a range where 250.35 acts as a base, preventing declines, and 266.41 caps gains, defining key trading levels. Support/Resistance for BHEL
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Bharat Heavy Electricals Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Bharat Heavy Electricals Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for Bharat Heavy Electricals Limited
Stochastic: The Stochastic K-line's drop below the D-line and under 20 points to a mildly bearish market condition for BHEL. While this indicates some bearish sentiment, it's not a strong signal. Investors should be aware of this potential shift and look for additional confirmation before making decisions. Stochastic chart for Bharat Heavy Electricals Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Bharat Heavy Electricals Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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