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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 2024-03-20 View latest technical analysis

10 day averaged volume of Bharat Electronics is 36604945

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	187.45	186.90	187.95	182.50	0.444 times
19 Tue Mar 2024	185.40	190.00	192.45	184.55	0.76 times
18 Mon Mar 2024	189.90	190.00	192.00	187.05	0.628 times
15 Fri Mar 2024	188.85	196.75	196.75	179.10	2.425 times
14 Thu Mar 2024	195.25	189.00	197.15	186.25	0.946 times
13 Wed Mar 2024	190.30	204.10	205.60	188.20	1.137 times
12 Tue Mar 2024	204.25	211.00	211.35	201.50	0.948 times
11 Mon Mar 2024	212.55	216.45	216.45	211.90	0.623 times
07 Thu Mar 2024	215.20	211.45	216.80	211.15	1.133 times
06 Wed Mar 2024	210.45	211.80	213.45	205.60	0.717 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 192.6, but if it comes above 192.6, then a intra day buy could be more profitable.
If you take a sell trade below 192.6, then use 192.6 as stoploss and 181.8 as target. However if you take a buy trade in stock , then use 192.6 as stoploss and 201.64 as target.

Share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Target	132.05
Downside Target	146.75
Downside Target	171.75
Downside Target	179.10
Upside Target	192.45
Upside Target	199.75
Upside Target	205.60
Upside Target	207.00
Upside Target	209.00
Upside Target	216.45
Upside Target	216.80

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	182.48
Downside Intraday Target	177.52
Upside Intraday Target	192.43
Upside Intraday Target	197.42
Upside Intraday Target	187.47

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	187.45	190.00	192.45	182.50	0.301 times
15 Fri Mar 2024	188.85	216.45	216.45	179.10	1.753 times
07 Thu Mar 2024	215.20	207.95	216.80	205.60	0.952 times
02 Sat Mar 2024	206.75	205.65	209.00	199.75	0.788 times
23 Fri Feb 2024	205.30	189.95	207.00	186.25	1.623 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
20 Wed Mar 2024	187.45	205.95	216.80	179.10	0.786 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
29 Fri Dec 2023	184.20	147.95	185.20	146.75	2.465 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 197.03 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.