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(BEL) Bharat Electronics complete technical analysis [charts+indicators] | Buy/Sell Bharat Electronics | (BEL) share price targets

Complete technical analysis of Bharat Electronics (BEL) by charts plus indicators, forecast predictions and share price targets for Bharat Electronics (BEL)

10 day averaged volume of Bharat Electronics is 51706432

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 283.60 277.00 284.50 264.30 1.659 times
21 Tue May 2024 274.15 283.00 283.00 271.05 2.457 times
20 Mon May 2024 258.80 251.50 260.60 250.05 0.457 times
17 Fri May 2024 248.20 241.00 249.65 237.85 1.59 times
16 Thu May 2024 237.90 234.75 240.00 227.50 1.074 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 272.8, for a target of 254.6 or 239.32

Share price targets for Bharat Electronics (BEL)

Target Type Value
Downside Target 171.75
Downside Target 179.10
Downside Target 195.50
Downside Target 203.75
Downside Target 209.00
Downside Target 216.80
Downside Target 230.75
Downside Target 238.20
Downside Target 241.65
Downside Target 249.65
Downside Target 250.05
Upside Target 284.50

Intraday share price targets for Bharat Electronics (BEL)

Target Type Value
Downside Intraday Target 260.93
Downside Intraday Target 238.27
Upside Intraday Target 295.38
Upside Intraday Target 307.17
Downside Intraday Target 272.72

Weekly technical analysis of Bharat Electronics (BEL)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 283.60 251.50 284.50 250.05 1.042 times
17 Fri May 2024 248.20 228.40 249.65 221.00 1.725 times
10 Fri May 2024 227.10 235.10 238.20 223.15 1.896 times
03 Fri May 2024 234.10 240.15 240.20 230.75 0.649 times
26 Fri Apr 2024 238.95 236.00 241.65 231.75 0.821 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Electronics (BEL)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 283.60 234.70 284.50 221.00 0.981 times
30 Tue Apr 2024 233.75 205.00 241.65 203.75 1.095 times
28 Thu Mar 2024 201.50 205.95 216.80 179.10 1.07 times
29 Thu Feb 2024 205.10 187.70 209.00 171.75 1.36 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Electronics (BEL)

Indicator Name Indicator Value Indicator Signal
ADX 44, 12, 56 Buy
MACD 21, 14Buy
Stochastics 93Buy
CCI 139Buy
RSI 65Buy
OBV 399233348Sell
VWAP 254Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Bharat Electronics ( (BEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Electronics ( (BEL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Electronics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bharat Electronics in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Electronics in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bharat Electronics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 254.33 and Bharat Electronics (BEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Bharat Electronics (BEL) stock. Volume based technical analysis of Bharat Electronics (BEL) stock is negative.

Bharat Electronics Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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