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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 2024-06-20 View latest technical analysis

10 day averaged volume of Bharat Electronics is 69815941

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	311.90	309.80	313.35	302.25	0.566 times
19 Wed Jun 2024	309.30	319.90	319.90	304.10	0.841 times
18 Tue Jun 2024	318.25	313.00	321.00	312.25	0.929 times
14 Fri Jun 2024	309.60	305.00	310.50	301.50	0.965 times
13 Thu Jun 2024	300.90	293.90	303.00	287.05	0.709 times
12 Wed Jun 2024	290.50	287.90	293.00	286.05	0.487 times
11 Tue Jun 2024	286.20	287.00	290.50	285.35	0.462 times
10 Mon Jun 2024	283.40	288.90	292.00	281.10	0.607 times
07 Fri Jun 2024	283.20	274.00	284.55	268.70	0.861 times
06 Thu Jun 2024	273.65	267.00	281.50	267.00	1.368 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 308.9, but if it comes below 308.9, then a intra day sell could be more profitable.
If you take a sell trade below 308.9, then use 308.9 as stoploss and 292.47 as target. However if you take a buy trade in stock , then use 308.9 as stoploss and 328.6 as target.

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	241.65
Downside Target	264.30
Downside Target	281.10
Downside Target	299.90
Downside Target	303.20
Downside Target	310.50
Upside Target	321.00
Upside Target	323.00

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	302.43
Downside Intraday Target	292.97
Upside Intraday Target	321.18
Upside Intraday Target	330.47
Downside Intraday Target	311.72

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	311.90	313.00	321.00	302.25	0.723 times
14 Fri Jun 2024	309.60	288.90	310.50	281.10	0.329 times
07 Fri Jun 2024	283.20	323.00	323.00	230.00	3.265 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

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
20 Thu Jun 2024	311.90	323.00	323.00	230.00	1.102 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Bharat Electronics ( (BEL) ) based on a short 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.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Bharat Electronics in short term and the buy signal is strong.

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 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 SELL signal in short term and selling is picking up 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 296.13 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.