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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 2024-07-23 View latest technical analysis

10 day averaged volume of Bharat Electronics is 40577834

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	301.45	317.00	317.00	281.10	1.886 times
22 Mon Jul 2024	312.30	306.00	314.70	297.30	0.971 times
19 Fri Jul 2024	306.30	309.90	316.90	305.00	1.067 times
18 Thu Jul 2024	313.55	326.50	326.70	312.30	1.184 times
16 Tue Jul 2024	326.15	333.25	334.40	324.50	0.655 times
15 Mon Jul 2024	331.40	336.00	336.05	331.00	0.543 times
12 Fri Jul 2024	333.10	336.90	337.50	328.10	0.604 times
11 Thu Jul 2024	335.50	335.50	338.20	333.00	0.787 times
10 Wed Jul 2024	333.85	340.00	340.50	324.15	1.153 times
09 Tue Jul 2024	334.80	338.00	339.35	328.70	1.287 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 306, but if it comes above 306, then a intra day buy could be more profitable.
If you take a sell trade below 306, then use 306 as stoploss and 291.6 as target. However if you take a buy trade in stock , then use 306 as stoploss and 317.98 as target.

Share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Target	179.10
Downside Target	203.75
Downside Target	216.80
Downside Target	230.00
Downside Target	241.65
Downside Target	281.10
Downside Target	297.45
Upside Target	314.95
Upside Target	323.00
Upside Target	324.15
Upside Target	326.80
Upside Target	336.05
Upside Target	340.50

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	282.7
Downside Intraday Target	263.95
Upside Intraday Target	318.6
Upside Intraday Target	335.75
Downside Intraday Target	299.85

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	301.45	306.00	317.00	281.10	0.828 times
19 Fri Jul 2024	306.30	336.00	336.05	305.00	0.618 times
12 Fri Jul 2024	333.10	328.45	340.50	324.15	1.093 times
05 Fri Jul 2024	324.05	310.95	326.80	303.00	1.321 times
28 Fri Jun 2024	305.90	304.80	314.95	297.45	0.781 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
23 Tue Jul 2024	301.45	310.95	340.50	281.10	0.544 times
28 Fri Jun 2024	305.90	323.00	323.00	230.00	1.302 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

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 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 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 weakening, and bulls are picking up momentum!

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 320.06 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.