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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 2024-06-21 View latest technical analysis

10 day averaged volume of Bharat Electronics is 54417785

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	304.95	312.70	314.00	304.10	0.691 times
20 Thu Jun 2024	311.90	309.80	313.35	302.25	0.726 times
19 Wed Jun 2024	309.30	319.90	319.90	304.10	1.079 times
18 Tue Jun 2024	318.25	313.00	321.00	312.25	1.192 times
14 Fri Jun 2024	309.60	305.00	310.50	301.50	1.238 times
13 Thu Jun 2024	300.90	293.90	303.00	287.05	0.91 times
12 Wed Jun 2024	290.50	287.90	293.00	286.05	0.625 times
11 Tue Jun 2024	286.20	287.00	290.50	285.35	0.593 times
10 Mon Jun 2024	283.40	288.90	292.00	281.10	0.778 times
07 Fri Jun 2024	283.20	274.00	284.55	268.70	1.105 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 309.9 as stoploss in an intra day sell trade for a target of 293.3. However, stock will show a bullish move above 309.9.

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
Upside 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	297.8
Downside Intraday Target	290.65
Upside Intraday Target	316.55
Upside Intraday Target	328.15
Upside Intraday Target	309.4

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	304.95	313.00	321.00	302.25	0.89 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 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
21 Fri Jun 2024	304.95	323.00	323.00	230.00	1.141 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 gaining momentum.

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

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 coming down

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 but selling 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 301.23 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.