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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 48629635

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 304.95 312.70 314.00 304.10 0.774 times
20 Thu Jun 2024 311.90 309.80 313.35 302.25 0.812 times
19 Wed Jun 2024 309.30 319.90 319.90 304.10 1.207 times
18 Tue Jun 2024 318.25 313.00 321.00 312.25 1.334 times
14 Fri Jun 2024 309.60 305.00 310.50 301.50 1.385 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 309.9 as stoploss in an intra day sell trade for a target of 293.3. However, stock will show a bullish move above 309.9.

Share price targets for Bharat Electronics (BEL)

Target Type Value
Downside Target 171.75
Downside Target 179.10
Downside Target 203.75
Downside Target 209.00
Downside Target 216.80
Downside Target 230.00
Downside Target 241.65
Downside Target 250.05
Downside Target 281.10
Downside Target 299.90
Downside Target 303.20
Upside Target 310.50
Upside Target 321.00
Upside Target 323.00

Intraday share price targets for Bharat Electronics (BEL)

Target Type Value
Downside Intraday Target 297.8
Downside Intraday Target 290.65
Upside Intraday Target 316.55
Upside Intraday Target 328.15
Upside Intraday Target 309.4

Weekly technical analysis of Bharat Electronics (BEL)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 304.95 313.00 321.00 302.25 0.89 times
14 Fri Jun 2024 309.60 288.90 310.50 281.10 0.329 times
07 Fri Jun 2024 283.20 323.00 323.00 230.00 3.265 times
31 Fri May 2024 295.95 301.75 303.20 285.00 0.565 times
24 Fri May 2024 297.20 251.50 299.90 250.05 1.634 times

Price has moved down 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
21 Fri Jun 2024 304.95 323.00 323.00 230.00 1.141 times
31 Fri May 2024 295.95 234.70 303.20 221.00 1.516 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

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 31, 23, 15 Buy
MACD 29, 28Buy
Stochastics 80Buy
CCI 50Sell
RSI 43Sell
OBV 472579688Sell
VWAP 301Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Bharat Electronics ( (BEL) ) based on a short term time period is

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

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 Weak and stock is gaining momentum.

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

Bharat Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Bharat Electronics in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 301.23 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.

Click here for Bharat Electronics charts

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