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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 2024-05-14 View latest technical analysis

10 day averaged volume of Bharat Electronics is 23372069

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	230.95	225.75	231.90	225.75	0.992 times
13 Mon May 2024	224.75	228.40	228.70	221.00	1.407 times
10 Fri May 2024	227.10	227.90	228.50	223.15	0.791 times
09 Thu May 2024	226.20	234.50	238.20	225.30	1.507 times
08 Wed May 2024	231.60	227.20	232.65	224.60	0.811 times
07 Tue May 2024	227.40	232.50	235.80	225.45	1.13 times
06 Mon May 2024	231.85	235.10	235.85	230.00	1.387 times
03 Fri May 2024	234.10	237.10	238.00	231.15	0.675 times
02 Thu May 2024	234.75	234.70	237.40	230.75	0.82 times
30 Tue Apr 2024	233.75	236.30	237.30	233.20	0.621 times

My analysis of stock is bearish for shortterm, and stock might move down till 228.9 or till 224.5. Use a stoploss of 232.55 and if the stock hits stoploss, then it can shoot up till 236.23

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
Upside Target	238.00
Upside Target	238.20
Upside Target	240.20
Upside Target	241.65

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	224
Downside Intraday Target	217.05
Upside Intraday Target	234.9
Upside Intraday Target	238.85
Downside Intraday Target	227.95

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	230.95	228.40	231.90	221.00	0.426 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
19 Fri Apr 2024	233.30	230.00	238.00	225.70	0.93 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
14 Tue May 2024	230.95	234.70	238.20	221.00	0.347 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

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 Weak and stock is losing 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. Bears are weakening, and bulls 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 buy signal for Bharat Electronics in short term but BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.55 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 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.