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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 2024-01-24 View latest technical analysis

10 day averaged volume of Bharat Electronics is 17230746

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	189.25	186.80	190.20	184.00	0.856 times
23 Tue Jan 2024	187.10	195.25	195.50	184.40	1.545 times
22 Mon Jan 2024	193.40	193.00	195.00	190.70	0.734 times
19 Fri Jan 2024	191.85	190.00	193.70	190.00	1.294 times
18 Thu Jan 2024	188.20	185.65	189.00	180.00	1.441 times
17 Wed Jan 2024	185.65	186.30	188.50	183.80	0.949 times
16 Tue Jan 2024	186.80	188.90	190.25	185.10	0.956 times
15 Mon Jan 2024	188.65	184.90	189.90	184.10	1.426 times
12 Fri Jan 2024	183.50	185.35	185.50	183.10	0.514 times
11 Thu Jan 2024	184.35	187.00	187.65	183.80	0.635 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 189, but if it comes below 189, then a intra day sell could be more profitable.
If you take a sell trade below 189, then use 189 as stoploss and 186.09 as target. However if you take a buy trade in stock , then use 189 as stoploss and 192.6 as target.

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	178.00
Downside Target	185.20
Downside Target	187.65
Downside Target	188.65
Upside Target	193.70
Upside Target	195.50

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	183.67
Downside Intraday Target	178.08
Upside Intraday Target	195.17
Upside Intraday Target	201.08
Upside Intraday Target	189.58

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	189.25	193.00	195.50	184.00	0.517 times
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

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
24 Wed Jan 2024	189.25	184.80	195.50	179.75	0.564 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Bharat Electronics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term but buying 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 188.18 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.