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Technicals for Bharat Heavy Electricals Limited
By MusingTheNews
2025-06-13 20:26
Overall Technical outlook
Price Summary
On 2025-06-12, Bharat Heavy Electricals Limited's stock began at 256.35, peaked at 258.0, declined to 253.15, and ended the day -0.99% down at 253.8, with 7491573 shares traded. Throughout the 52-week period, the stock hit a high of 332.7 and a low of 179.17. The expected price range is between 70.0 and 360.0, with a mean anticipated price of 216.72221, according to 18 analysts.
Technicals
Support and Resistance: At 253.8, the price is held up by support at 253.75 and faces resistance at 266.41 for BHEL. This suggests a trading range where 253.75 provides a base and 266.41 limits upward movement. Support/Resistance for BHEL
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Bharat Heavy Electricals Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Bharat Heavy Electricals Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for BHEL. Parabolic Stop and Reverse chart for Bharat Heavy Electricals Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for BHEL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Bharat Heavy Electricals Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for BHEL. Tripple SMA chart for Bharat Heavy Electricals Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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