BHEL – Wave 2/B Pullback in Play?After a strong 5-wave rally from 176.00 to 268.95, BHEL may be entering a corrective phase — either a regular, expanding, or even a running flat.
Price has formed a potential double top at 268.95/268.40. The pullback from here could complete a Wave C within the 245–232 zone, supported by Fibonacci
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
1.55 INR
5.34 B INR
283.39 B INR
1.28 B
About BHEL
Sector
Industry
CEO
Koppu Sadashiv Murthy
Website
Headquarters
New Delhi
Founded
1964
ISIN
INE257A01026
FIGI
BBG000CP6744
Bharat Heavy Electricals Ltd. is a holding company, which engages in construction of power plants and manufacturing steam generators, turbines, and electric motors. It operates through the Power and Industry segments. The Power segment includes thermal, gas, hydro and nuclear power plant businesses apart from new businesses of emission control equipment and spares for non-BHEL sets. The Industry segment refers to major equipment supplies for a few industries including transportation, transmission, defence and aerospace, renewables, downstream oil and gas, energy storage, and electric mobility. The company was founded on November 13, 1964 and is headquartered in New Delhi, India.
Related stocks
BHEL 2nd Wave in formation After completing full Elliot wave cycle on Weekly chart. It has started to fall from top and some corrective has came with gains in index. Stock has started to take resistance from 61-70% area of wave B and seems like wave C is going to start and we can see stock below 200 and possibly till 140 as w
BHEL likely to complete wave V of first degree shortly
BHEL completed wave (iii) and (iv) of first-degree impulse after major correction and is likely to complete (v) shortly.
Wave Analysis :-
Wave (i) was a 5-wave structure; (which reduces the chance of Wave (v) having its own extension.
Wave (iii) was an extended-wave, i.e. it had its own 5-sub d
BHEL - LONG SetupBHEL (NSE) – Accumulation + Breakout Setup
This daily chart of BHEL displays a textbook Wyckoff Accumulation pattern followed by a bullish Volume Breakout:
🔹 Spring Formation: Price undercut the support zone around ₹200–₹205, shaking out weak hands.
🔹 Retest & Markup: A strong rally followed, conf
BHEL - LONGPrice had a strong uptrend from ₹190 to ₹272.After hitting resistance near ₹272, it started to correct. It took support near the 23.6% level (~₹254) and is consolidating now, forming a bullish pennant/flag structure. Volume is decreasing during the pullback — a positive sign indicating weak selling
BHEL - Bullish Flag & Pole Breakout (Daily T/F)Trade Setup
📌 Stock: BHEL ( NSE:BHEL )
📌 Trend: Strong Bullish Momentum
📌 Risk-Reward Ratio: 1:3 (Favorable)
🎯 Entry Zone: ₹254 (Breakout Confirmation)
🛑 Stop Loss: ₹237 (Daily Closing Basis) (~6.75% Risk)
🎯 Target Levels:
₹260.75
₹267.70
₹274.85
₹282.20
₹289.70
₹297.45 (Final Target)
Technical
BHEL- Rounding Bottom BreakoutBHEL has given Rounding bottom Breakout on the daily charts. This pattern is very powerful and now this stock can provide a return of 28% in medium to long term.
On the Daily Chart, the stock is trading above its 11 and 22 day EMA, RSI is at 74 and MACD is above zero line suggesting positive moment
Bharat Heavy Electricals LtdAs of May 16, 2025, Bharat Heavy Electricals Ltd. (BHEL) exhibited a strong bullish trend on the daily chart, supported by various technical indicators.
📊 Daily Technical Overview
Closing Price: ₹250.35
Day’s Range: ₹244.16 – ₹259.99
Volume: ~50.24 million shares, significantly higher than the 20
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where BHEL is featured.

Indian stocks: Racing ahead
46 No. of Symbols
See all sparks
Frequently Asked Questions
The current price of BHEL is 258.70 INR — it has decreased by −1.00% in the past 24 hours. Watch BHEL stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange BHEL stocks are traded under the ticker BHEL.
BHEL stock has fallen by −0.12% compared to the previous week, the month change is a −1.03% fall, over the last year BHEL has showed a −21.49% decrease.
We've gathered analysts' opinions on BHEL future price: according to them, BHEL price has a max estimate of 360.00 INR and a min estimate of 70.00 INR. Watch BHEL chart and read a more detailed BHEL stock forecast: see what analysts think of BHEL and suggest that you do with its stocks.
BHEL reached its all-time high on Nov 7, 2007 with the price of 390.65 INR, and its all-time low was 5.00 INR and was reached on Nov 29, 1995. View more price dynamics on BHEL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
BHEL stock is 1.77% volatile and has beta coefficient of 1.94. Track BHEL stock price on the chart and check out the list of the most volatile stocks — is BHEL there?
Today BHEL has the market capitalization of 900.63 B, it has decreased by −0.92% over the last week.
Yes, you can track BHEL financials in yearly and quarterly reports right on TradingView.
BHEL is going to release the next earnings report on Jul 31, 2025. Keep track of upcoming events with our Earnings Calendar.
BHEL earnings for the last quarter are 1.40 INR per share, whereas the estimation was 2.83 INR resulting in a −50.62% surprise. The estimated earnings for the next quarter are 0.48 INR per share. See more details about BHEL earnings.
BHEL revenue for the last quarter amounts to 89.93 B INR, despite the estimated figure of 113.51 B INR. In the next quarter, revenue is expected to reach 66.70 B INR.
BHEL net income for the last quarter is 5.04 B INR, while the quarter before that showed 1.35 B INR of net income which accounts for 274.50% change. Track more BHEL financial stats to get the full picture.
Yes, BHEL dividends are paid annually. The last dividend per share was 0.50 INR. As of today, Dividend Yield (TTM)% is 0.10%. Tracking BHEL dividends might help you take more informed decisions.
BHEL dividend yield was 0.23% in 2024, and payout ratio reached 32.68%. The year before the numbers were 0.10% and 30.85% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. BHEL EBITDA is 12.42 B INR, and current EBITDA margin is 4.38%. See more stats in BHEL financial statements.
Like other stocks, BHEL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade BHEL stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So BHEL technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating BHEL stock shows the buy signal. See more of BHEL technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.