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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 2024-02-05 View latest technical analysis

10 day averaged volume of Bharat Electronics is 21803846

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	181.55	187.00	187.00	178.80	1.095 times
02 Fri Feb 2024	184.60	185.00	187.75	183.85	1.271 times
01 Thu Feb 2024	183.40	187.70	188.40	181.55	1.277 times
31 Wed Jan 2024	185.90	188.20	189.10	184.85	1.09 times
30 Tue Jan 2024	187.90	192.00	192.35	187.00	0.958 times
29 Mon Jan 2024	190.90	190.00	193.70	187.55	1.326 times
25 Thu Jan 2024	189.70	190.75	192.00	188.30	0.578 times
24 Wed Jan 2024	189.25	186.80	190.20	184.00	0.676 times
23 Tue Jan 2024	187.10	195.25	195.50	184.40	1.221 times
22 Mon Jan 2024	193.40	193.00	195.00	190.70	0.58 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 183.8, but if it comes above 183.8, then a intra day buy could be more profitable.
If you take a sell trade below 183.8, then use 183.8 as stoploss and 180.1 as target. However if you take a buy trade in stock , then use 183.8 as stoploss and 186.83 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	178.80
Upside Target	187.00
Upside Target	187.65
Upside Target	188.40
Upside Target	193.70
Upside Target	195.50

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	177.9
Downside Intraday Target	174.25
Upside Intraday Target	186.1
Upside Intraday Target	190.65
Upside Intraday Target	182.45

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Feb 2024	181.55	187.00	187.00	178.80	0.185 times
02 Fri Feb 2024	184.60	190.00	193.70	181.55	1.938 times
25 Thu Jan 2024	189.70	193.00	195.50	184.00	0.637 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

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
05 Mon Feb 2024	181.55	187.70	188.40	178.80	0.197 times
31 Wed Jan 2024	185.90	184.80	195.50	179.75	0.718 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

Scroll below to view daily charts

Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. 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.

Bharat Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Bharat Electronics in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 186.82 and Bharat Electronics (BEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.