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Technicals for Bharat Heavy Electricals Limited
By MusingTheNews
2025-10-17 20:26
Overall Technical outlook
Price Summary
On 2025-10-16, Bharat Heavy Electricals Limited's stock opened at 236.8, peaked at 237.46, hit a low of 233.9, and closed -0.27% down at 236.17, with 4104076 shares changing hands. The stock's highest price in the past 52 weeks is 266.61, while its lowest price during the same period is 179.17. The future price of BHEL is anticipated to range from 70.0 to 340.0, with an expected mean price of 226.78947, according to the recommendations of 19 analysts.
Technicals
Support and Resistance: The price currently sits at 236.17, finding support at 231.01 and resistance at 239.83. These levels define a range for Bharat Heavy Electricals Limited where the price may move, with 231.01 offering a base and 239.83 limiting upward momentum. Support/Resistance for BHEL
Aroon: The AROON is in a neutral stance for BHEL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Aroon chart for Bharat Heavy Electricals Limited
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Bharat Heavy Electricals Limited
Parabolic SAR: The PSAR remains bearish, reinforcing a resistance level that could restrict any upward movement. This resistance indicates that the market may remain under bearish control, with limited potential for gains. Parabolic Stop and Reverse chart for Bharat Heavy Electricals Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Bharat Heavy Electricals Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Bharat Heavy Electricals Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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