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(BEML) Beml complete technical analysis [charts+indicators] | Buy/Sell Beml | (BEML) share price targets

Complete technical analysis of Beml (BEML) by charts plus indicators, forecast predictions and share price targets for Beml (BEML)

Beml trades in NSE in Commercial Vehicles sector.

Showing technical analysis as on 2024-02-12 View latest technical analysis

10 day averaged volume of Beml is 819663

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	2880.70	3254.90	3257.00	2826.05	0.908 times
09 Fri Feb 2024	3247.15	3508.00	3515.00	3142.55	1.082 times
08 Thu Feb 2024	3515.45	3722.80	3722.80	3493.05	0.592 times
07 Wed Feb 2024	3689.20	3637.90	3749.90	3620.85	0.419 times
06 Tue Feb 2024	3607.05	3740.55	3744.70	3579.75	0.327 times
05 Mon Feb 2024	3725.25	3854.00	3861.40	3693.10	0.462 times
02 Fri Feb 2024	3826.05	3863.00	4144.25	3777.00	2.016 times
01 Thu Feb 2024	3804.80	3534.75	3855.00	3504.05	1.431 times
31 Wed Jan 2024	3505.30	3535.05	3661.00	3481.50	1.176 times
30 Tue Jan 2024	3512.25	3200.00	3580.55	3195.00	2.135 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3065.1, but if it comes above 3065.1, then a intra day buy could be more profitable.
If you take a sell trade below 3065.1, then use 3065.1 as stoploss and 2736.4 as target. However if you take a buy trade in stock , then use 3065.1 as stoploss and 3339.04 as target.

Share price targets for Beml (BEML)

Target Type	Value
Downside Target	1905.05
Downside Target	2001.55
Downside Target	2382.15
Downside Target	2446.00
Downside Target	2703.05
Downside Target	2826.05
Upside Target	2916.00
Upside Target	2982.05
Upside Target	3137.95
Upside Target	3234.85
Upside Target	3258.00
Upside Target	3661.00
Upside Target	3861.40
Upside Target	4144.25

Intraday share price targets for Beml (BEML)

Target Type	Value
Downside Intraday Target	2718.83
Downside Intraday Target	2556.97
Upside Intraday Target	3149.78
Upside Intraday Target	3418.87
Upside Intraday Target	2987.92

Weekly technical analysis of Beml (BEML)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	2880.70	3254.90	3257.00	2826.05	0.315 times
09 Fri Feb 2024	3247.15	3854.00	3861.40	3142.55	0.405 times
02 Fri Feb 2024	3826.05	3211.00	4144.25	3137.95	5.088 times
25 Thu Jan 2024	3200.90	3214.00	3258.00	2982.05	0.889 times
19 Fri Jan 2024	3192.30	3228.00	3234.85	3031.00	0.497 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 Beml (BEML)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon Feb 2024	2880.70	3534.75	4144.25	2826.05	0.551 times
31 Wed Jan 2024	3505.30	2831.60	3661.00	2703.05	1.221 times
29 Fri Dec 2023	2829.20	2480.00	2916.00	2382.15	1.218 times
30 Thu Nov 2023	2468.00	2025.40	2483.95	2001.55	1.658 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 Beml (BEML)

Price action analysis of Beml ( (BEML) ) 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 Beml ( (BEML) ) based on a short to mid 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.

Price action analysis of Beml ( (BEML) ) 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 Beml stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Beml in short term but the sell signal is initial and weak.

Beml 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Beml 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 Beml is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3549.04 and Beml (BEML) 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 Beml (BEML) stock. Volume based technical analysis of Beml (BEML) stock is negative.

Beml 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.