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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 2024-04-04 View latest technical analysis

10 day averaged volume of Bharat Electronics is 38686820

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	220.30	223.50	223.90	218.25	0.472 times
03 Wed Apr 2024	221.50	221.70	225.45	218.85	1.232 times
02 Tue Apr 2024	221.00	213.75	222.65	212.60	2.426 times
01 Mon Apr 2024	211.10	205.00	212.75	203.75	1.185 times
28 Thu Mar 2024	201.50	200.50	202.45	199.00	0.45 times
27 Wed Mar 2024	199.45	200.00	203.95	198.00	0.978 times
26 Tue Mar 2024	199.40	197.00	200.50	195.95	0.665 times
22 Fri Mar 2024	197.50	196.50	198.95	192.75	0.81 times
21 Thu Mar 2024	196.85	190.00	197.50	190.00	1.115 times
20 Wed Mar 2024	187.45	186.90	187.95	182.50	0.42 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 214.4, but if it comes below 214.4, then a intra day sell could be more profitable.
If you take a sell trade below 214.4, then use 214.4 as stoploss and 202.95 as target. However if you take a buy trade in stock , then use 214.4 as stoploss and 228.2 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	195.50
Downside Target	203.75
Downside Target	205.60
Downside Target	209.00
Downside Target	216.45
Downside Target	216.80
Upside Target	225.45

Intraday share price targets for Bharat Electronics (BEL)

Target Type	Value
Downside Intraday Target	207.55
Downside Intraday Target	194.8
Upside Intraday Target	229.25
Upside Intraday Target	238.2
Downside Intraday Target	216.5

Weekly technical analysis of Bharat Electronics (BEL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	220.30	205.00	225.45	203.75	2.54 times
28 Thu Mar 2024	201.50	197.00	203.95	195.95	0.572 times
22 Fri Mar 2024	197.50	190.00	198.95	182.50	0.636 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Electronics (BEL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	220.30	205.00	225.45	203.75	0.351 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 losing 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 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 209.14 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.