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Technicals for Bharat Heavy Electricals Limited
By MusingTheNews
2026-02-02 20:26
Overall Technical outlook
Price Summary
On 2026-02-02, Bharat Heavy Electricals Limited's stock opened at 253.5, reached 259.1, hit a low of 249.5, and rose 1.87% to close at 258.25, with 5283185 shares traded. The stock's highest price in the past 52 weeks is 303.55, while its lowest price during the same period is 179.17. As per recommendations from 18 analysts, BHEL's future price is expected to span between 70.0 and 375.0, with a mean price around 254.11111.
Technicals
Support and Resistance: The price for BHEL at 258.25 finds support at 247.7 and resistance at 263.85. This suggests a trading range, where 247.7 serves as a support level and 263.85 acts as a resistance point, potentially capping further gains. Support/Resistance for BHEL
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Bharat Heavy Electricals Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Bharat Heavy Electricals Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Bharat Heavy Electricals Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Bharat Heavy Electricals Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Bharat Heavy Electricals Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Bharat Heavy Electricals Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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