Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Bharat Electronics is 32362103

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	237.60	236.40	240.05	235.45	0.501 times
24 Wed Apr 2024	236.50	235.25	239.15	234.10	1.032 times
23 Tue Apr 2024	234.35	234.25	236.10	231.75	0.593 times
22 Mon Apr 2024	233.30	236.00	236.15	232.30	0.542 times
19 Fri Apr 2024	233.30	228.55	234.50	225.70	0.841 times
18 Thu Apr 2024	231.15	235.60	237.40	229.20	0.575 times
16 Tue Apr 2024	233.45	232.50	236.95	230.00	1.005 times
15 Mon Apr 2024	234.45	230.00	238.00	226.00	1.597 times
12 Fri Apr 2024	233.50	231.30	235.40	230.55	1.767 times
10 Wed Apr 2024	228.75	229.00	232.85	226.50	1.15 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 236.4, but if it comes below 236.4, then a intra day sell could be more profitable.
If you take a sell trade below 236.4, then use 236.4 as stoploss and 224.34 as target. However if you take a buy trade in stock , then use 236.4 as stoploss and 250.9 as target.

Share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Target	146.75
Downside Target	171.75
Downside Target	179.10
Downside Target	185.20
Downside Target	195.50
Downside Target	203.75
Downside Target	209.00
Downside Target	216.80
Downside Target	221.20
Downside Target	225.70
Downside Target	231.75
Downside Target	235.40
Upside Target	238.00
Upside Target	240.05

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	232.88
Downside Intraday Target	228.17
Upside Intraday Target	241.18
Upside Intraday Target	244.77
Downside Intraday Target	236.47

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	237.60	236.00	240.05	231.75	0.664 times
19 Fri Apr 2024	233.30	230.00	238.00	225.70	0.93 times
12 Fri Apr 2024	233.50	225.55	235.40	221.20	0.605 times
05 Fri Apr 2024	224.50	205.00	226.00	203.75	2.853 times
28 Thu Mar 2024	201.50	197.00	203.95	195.95	0.572 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
25 Thu Apr 2024	237.60	205.00	240.05	203.75	1.001 times
28 Thu Mar 2024	201.50	205.95	216.80	179.10	1.07 times
29 Thu Feb 2024	205.10	187.70	209.00	171.75	1.36 times
31 Wed Jan 2024	185.90	184.80	195.50	179.75	0.718 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 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 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 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 Strong and stock is gaining 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 stronger in this stock.

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

CCI has generated a buy signal for Bharat Electronics in short term and BUY 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 233.5 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.