Long Term Trend: Strong
AI Indicator Strength: 55.0%
StockBHEL
Current Price₹442.35
Short Term Trend
Strong Upward
Trend: Strong
¼ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 57.20
- Mild negative bias
MACD: Weak Bearish
¼ MACD Observation
- Weak negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Strong
📊 BHEL Stock Strength & Risk Analysis
✅ Positive Factors
- Consistent higher highs affirm structural bull dominance.
- Relative Strength is perfectly balanced at 57.20.
❌ Risk Factors
- Short-term momentum shows mild cooling, but the primary trend remains strictly bullish.
📌 Market Outlook
Choppy sideways action is expected until a definitive range breakout occurs.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹402.60
₹398.57
₹394.55
🔴 Resistance Zones
₹455.95
₹460.51
₹465.07
BHEL Price Action: Immediate buying interest for BHEL has historically emerged around the ₹402.6 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹455.95. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 134.42 |
| 38.2% | 195.86 |
| 50.0% | 245.53 |
| 61.8% | 295.19 |
| 78.6% | 365.89 |
Structural Pullbacks: With BHEL trading within 10% of its 52-week high, close intermediate parameters like the 23.6% level at ₹134.42 or the short-term EMA9 baseline act as logical continuation test areas. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where BHEL might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 437.02 | SMA5 | 441.21 |
| EMA9 | 433.80 | SMA9 | 431.66 |
| EMA20 | 429.33 | SMA20 | 426.85 |
| EMA50 | 421.78 | SMA50 | 422.77 |
| EMA100 | 402.94 | SMA100 | 413.08 |
| EMA200 | 365.56 | SMA200 | 350.41 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Weak Bearish: -1 🔴
🔴
• Total Score: 1
🔴
• Confidence Score: 55.00%
🔴
Total Score: 1
Technical Indicator Strength: 55.0%
- Strong alignment in behavior
- AI Confidence Score: 55.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-09-22 |
Bearish |
425.80 |
427.25 |
430.00 |
419.05 |
1.92% |
0.64 |
430.00 |
402.60% |
5.45 |
0.99 |
30.67 54.44 Success |
| 2026-09-21 |
Bullish |
433.40 |
435.20 |
439.70 |
424.65 |
1.03% |
2.42 |
439.70 |
407.25% |
1.45 |
6.03 |
0.57 37.16 Success |
| 2026-09-07 |
Bearish |
421.45 |
422.50 |
426.70 |
419.85 |
0.63% |
0.99 |
436.00 |
412.85% |
2.04 |
3.45 |
22.61 36.42 Success |
| 2026-08-27 |
Bullish |
433.95 |
434.00 |
436.65 |
427.00 |
0.61% |
1.61 |
442.65 |
417.35% |
2.00 |
3.83 |
43.55 46.38 Success |
| 2026-08-24 |
Bearish |
411.40 |
410.80 |
417.00 |
408.15 |
0.65% |
1.51 |
442.65 |
408.15% |
0.79 |
7.60 |
38.60 51.22 Success |
| 2026-08-13 |
Bullish |
420.00 |
419.95 |
430.00 |
416.55 |
2.39% |
0.81 |
435.95 |
409.10% |
3.80 |
2.60 |
24.90 50.62 Success |
| 2026-07-28 |
Bearish |
405.75 |
408.00 |
408.45 |
395.50 |
3.06% |
0.11 |
414.35 |
395.50% |
2.53 |
2.12 |
8.27 37.98 Success |
| 2026-07-15 |
Bullish |
417.95 |
424.20 |
441.00 |
407.05 |
3.96% |
4.04 |
446.50 |
407.05% |
6.83 |
2.61 |
51.30 78.60 Success |
| 2026-07-03 |
Bearish |
383.60 |
384.00 |
394.00 |
384.00 |
0.00% |
2.60 |
395.80 |
371.80% |
3.08 |
3.18 |
100.00 69.62 No Trade |
| 2026-06-29 |
Bullish |
413.75 |
414.55 |
420.00 |
411.75 |
1.31% |
0.68 |
422.40 |
383.00% |
2.09 |
7.43 |
47.78 59.49 Success |
| 2026-06-23 |
Bearish |
399.85 |
401.10 |
408.00 |
398.80 |
0.57% |
1.72 |
422.40 |
393.85% |
1.50 |
5.64 |
16.73 39.22 Success |
| 2026-06-22 |
Bullish |
411.50 |
413.85 |
414.75 |
397.70 |
0.22% |
3.90 |
420.00 |
393.85% |
2.07 |
4.29 |
2.94 30.88 Success |
| 2026-05-18 |
Bearish |
395.25 |
397.00 |
404.40 |
391.10 |
1.49% |
1.86 |
420.95 |
391.10% |
1.05 |
6.50 |
20.89 45.29 Success |
| 2026-04-08 |
Bullish |
265.70 |
266.50 |
281.00 |
263.76 |
5.44% |
1.03 |
312.30 |
263.76% |
17.54 |
0.73 |
44.72 84.89 Success |
| 2026-03-30 |
Bearish |
245.50 |
248.95 |
249.30 |
240.92 |
3.23% |
0.14 |
281.00 |
239.17% |
2.58 |
14.46 |
52.82 69.92 Success |
| 2026-03-24 |
Bullish |
258.20 |
259.95 |
266.80 |
259.35 |
2.64% |
0.23 |
266.80 |
239.17% |
3.33 |
7.37 |
11.67 52.22 Success |
| 2026-03-23 |
Bearish |
252.85 |
258.00 |
260.00 |
252.30 |
2.21% |
0.78 |
266.80 |
240.92% |
4.72 |
5.52 |
4.33 49.65 Success |
| 2026-03-20 |
Bullish |
262.05 |
260.20 |
260.25 |
249.25 |
0.02% |
4.21 |
266.80 |
244.00% |
1.81 |
6.89 |
27.36 45.74 Success |
| 2026-03-19 |
Bearish |
251.75 |
254.05 |
266.20 |
253.25 |
0.31% |
4.78 |
266.80 |
249.25% |
0.99 |
5.98 |
15.68 36.20 Success |
| 2026-03-12 |
Bullish |
267.85 |
265.85 |
270.30 |
256.60 |
1.67% |
3.48 |
270.30 |
248.90% |
0.91 |
7.07 |
65.17 66.11 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for BHEL. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.