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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 2024-06-05 View latest technical analysis

10 day averaged volume of Bharat Electronics is 76494732

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	260.35	264.50	264.50	230.00	2.529 times
04 Tue Jun 2024	255.55	312.00	312.00	230.05	3.504 times
03 Mon Jun 2024	318.65	323.00	323.00	309.30	0.879 times
31 Fri May 2024	295.95	294.20	297.20	286.30	0.672 times
30 Thu May 2024	290.65	293.00	296.30	289.65	0.559 times
29 Wed May 2024	292.15	285.40	293.95	285.00	0.414 times
28 Tue May 2024	289.10	295.70	295.75	285.05	0.443 times
27 Mon May 2024	294.45	301.75	303.20	289.65	0.652 times
24 Fri May 2024	297.20	288.00	299.90	286.00	0.832 times
23 Thu May 2024	288.50	286.30	293.30	283.20	0.923 times

Stock of Bharat Electronics (BEL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 237.6 or till 203. Use a stoploss of 266.35 and if the stock hits stoploss, then it can shoot up till 295.14

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	238.20
Upside Target	260.60
Upside Target	285.00
Upside Target	299.90
Upside Target	303.20
Upside Target	323.00

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	219.23
Downside Intraday Target	178.12
Upside Intraday Target	312.23
Upside Intraday Target	364.12
Upside Intraday Target	271.12

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	260.35	323.00	323.00	230.00	2.523 times
31 Fri May 2024	295.95	301.75	303.20	285.00	0.604 times
24 Fri May 2024	297.20	283.00	299.90	264.30	1.385 times
18 Sat May 2024	258.80	228.40	260.60	221.00	1.905 times
10 Fri May 2024	227.10	235.10	238.20	223.15	1.896 times

Price has moved down 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
05 Wed Jun 2024	260.35	323.00	323.00	230.00	0.543 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Electronics ( (BEL) ) based on a short to mid 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 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 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. Bulls are getting tired and bears are picking up momentum.

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

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

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 276.13 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.