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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)

Bharat Electronics trades in NSE in Defence sector.

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of Bharat Electronics is 15576842

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	191.85	190.00	193.70	190.00	1.432 times
18 Thu Jan 2024	188.20	185.65	189.00	180.00	1.594 times
17 Wed Jan 2024	185.65	186.30	188.50	183.80	1.05 times
16 Tue Jan 2024	186.80	188.90	190.25	185.10	1.057 times
15 Mon Jan 2024	188.65	184.90	189.90	184.10	1.577 times
12 Fri Jan 2024	183.50	185.35	185.50	183.10	0.568 times
11 Thu Jan 2024	184.35	187.00	187.65	183.80	0.702 times
10 Wed Jan 2024	185.60	184.40	186.00	182.05	0.559 times
09 Tue Jan 2024	184.65	184.90	186.70	184.20	0.742 times
08 Mon Jan 2024	183.60	186.75	187.50	183.20	0.737 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 192, for a target of 187.9 or 184.45

Share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Target	127.00
Downside Target	132.05
Downside Target	141.35
Downside Target	146.75
Downside Target	164.05
Downside Target	176.30
Downside Target	182.05
Downside Target	185.20
Downside Target	187.65
Downside Target	188.65
Upside Target	193.70

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	183.33
Downside Intraday Target	174.82
Upside Intraday Target	197.03
Upside Intraday Target	202.22
Downside Intraday Target	188.52

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	191.85	184.90	193.70	180.00	2.029 times
12 Fri Jan 2024	183.50	186.75	187.65	182.05	0.482 times
05 Fri Jan 2024	185.95	184.80	188.65	179.75	0.901 times
29 Fri Dec 2023	184.20	178.00	185.20	178.00	1.011 times
22 Fri Dec 2023	174.80	171.75	176.30	164.05	1.07 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Electronics (BEL)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	191.85	184.80	193.70	179.75	0.468 times
29 Fri Dec 2023	184.20	147.95	185.20	146.75	2.465 times
30 Thu Nov 2023	145.90	133.75	146.75	132.05	1.042 times
31 Tue Oct 2023	133.25	137.90	141.35	127.00	0.577 times

Scroll below to view daily charts

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)

Price action analysis of Bharat Electronics ( (BEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

MACD generated a SELL signal for Bharat Electronics in short term but the sell signal is initial and weak.

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 green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 187.1 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.