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Technicals for Bharat Heavy Electricals Limited
By MusingTheNews
2025-04-25 20:26
Overall Technical outlook
Price Summary
A -3.73% slide in Bharat Heavy Electricals Limited's stock marked an lacklustre day on the market. On 2025-04-25, Bharat Heavy Electricals Limited's stock opened at 230.98, reached a high of 231.79, dropped to a low of 217.85, and closed lower -3.73% at 222.37, with a trading volume of 18078372 shares. The stock's highest value over the last 52 weeks is 332.7, and the lowest value is 179.17. According to 18 analysts, the future price is anticipated to vary between 72.0 and 425.0, with an average expected price of around 213.44444.
Technicals
Support and Resistance: The price for BHEL is 222.37, with support at 216.85 and resistance at 225.6. This suggests a range where 216.85 acts as a base, preventing declines, and 225.6 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 state of the BOLL BANDS 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. Bolinger Bands chart for Bharat Heavy Electricals Limited
Parabolic SAR: The PSAR for BHEL continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for Bharat Heavy Electricals Limited
Stochastic: The stochastic indicator shows the K-line below the D-line and above 80, hinting at the potential beginning of a bearish price move for BHEL. This setup could signal that the market's recent strength is weakening, possibly leading to a downturn. Traders should watch for further evidence of a bearish trend. Stochastic chart for Bharat Heavy Electricals Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for BHEL, with no strong trend emerging. Tripple SMA chart for Bharat Heavy Electricals Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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