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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 2024-08-08 View latest technical analysis

10 day averaged volume of Bharat Electronics is 33660532

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	298.25	301.00	302.70	297.15	0.653 times
07 Wed Aug 2024	300.20	295.50	301.00	289.80	0.66 times
06 Tue Aug 2024	287.25	292.00	302.60	286.35	1.164 times
05 Mon Aug 2024	290.25	289.85	297.45	285.00	1.497 times
02 Fri Aug 2024	302.95	305.30	308.70	301.70	0.777 times
01 Thu Aug 2024	311.15	317.70	317.70	308.05	0.836 times
31 Wed Jul 2024	316.05	319.90	320.60	315.45	0.764 times
30 Tue Jul 2024	318.10	325.20	326.55	317.60	1.221 times
29 Mon Jul 2024	321.35	312.80	325.60	310.85	1.527 times
26 Fri Jul 2024	309.90	303.80	310.50	302.00	0.728 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 297.4 as stoploss in an intra day buy trade for a target of 310.84. However, stock will show a bearish move below 297.4.

Share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Target	203.75
Downside Target	221.00
Downside Target	230.00
Downside Target	241.65
Downside Target	281.10
Upside Target	301.70
Upside Target	317.00
Upside Target	323.00
Upside Target	324.15
Upside Target	326.55
Upside Target	336.05
Upside Target	340.50

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	287.93
Downside Intraday Target	277.62
Upside Intraday Target	305.63
Upside Intraday Target	313.02
Downside Intraday Target	295.32

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	298.25	289.85	302.70	285.00	0.775 times
02 Fri Aug 2024	302.95	312.80	326.55	301.70	0.897 times
26 Fri Jul 2024	309.90	306.00	317.00	281.10	1.374 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

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
08 Thu Aug 2024	298.25	317.70	317.70	285.00	0.213 times
31 Wed Jul 2024	316.05	310.95	340.50	281.10	0.698 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Bharat Electronics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 305.63 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.