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2020 Bharat Electronics (BEL) technical analysis [forecast] stock price targets

Bharat Electronics technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Bharat Electronics deals in Defence Bharat Electronics option chain analysis

Date Close Open High Low Volume
02 Thu Jul 89.05 89.95 90.50 88.50 91.21 lakhs
01 Wed Jul 88.70 88.65 89.30 87.55 117.95 lakhs
30 Tue Jun 88.65 93.10 94.20 88.00 622.27 lakhs
29 Mon Jun 87.55 84.95 88.70 84.30 233.25 lakhs
26 Fri Jun 85.30 84.95 86.45 83.80 153.76 lakhs
BEL chart

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.5, but if it comes below 85.5, then a intra day sell could be more profitable.
If you take a sell trade below 85.5, then use 85.5 as stoploss and 78.89 as target. However if you take a buy trade in stock , then use 85.5 as stoploss and 93.5 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of BEL based on a 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.

Intraday technical analysis of Bharat Electronics

Stock is trading at 89.05 as on 02 Thu Jul 15:33

Day open is at 89.95, day high is at 90.50, day low is at 88.50, and day volume is at 3688.12 lakhs so far.

First 15 minute high low range is 89.55 - 90.50

First hour high low range is 89.50 - 90.50

Date Intraday Price Open High Low Volume
02 Thu Jul 15:33 89.05 89.95 90.50 88.50 9110058
02 Thu Jul 15:30 89.10 89.95 90.50 88.50 9110058
02 Thu Jul 15:25 89.15 89.95 90.50 88.50 8839274
02 Thu Jul 15:20 89.15 89.95 90.50 88.50 8509431
02 Thu Jul 15:15 89.15 89.95 90.50 88.50 8117951
Intraday BEL chart

Prices of Bharat Electronics are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Bharat Electronics (BEL) intraday stock price targets

  • EntEntry: 90.03 or 89.1375
  • Upside target: 90.5
  • Downside target : 88.6
  • Second Upside target: 89.78
  • Second Downside target : 87.78

Bharat Electronics (BEL) weekly technical analysis

Date Weekly Close Open Range Volume
02 Thu Jul 89.05 84.95 84.30
94.20
1064.68 lakhs
26 Fri Jun 85.30 81.90 80.20
86.45
1037.58 lakhs
19 Fri Jun 80.05 71.95 69.20
81.50
938.225 lakhs
12 Fri Jun 71.90 75.20 67.40
77.40
612.035 lakhs
05 Fri Jun 73.95 70.00 68.65
74.80
671.74 lakhs
weekly BEL chart

Weekly forecast of Bharat Electronics is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Bharat Electronics 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.

Weekly Price action analysis of Bharat Electronics 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.

Bharat Electronics (BEL) Monthly technical analysis

Date Monthly Close Open Range Volume
02 Thu Jul 89.05 88.65 87.55
90.50
209.157 lakhs
30 Tue Jun 88.65 70.00 67.40
94.20
4115.102 lakhs
29 Fri May 69.20 70.55 57.75
71.80
3299.673 lakhs
30 Thu Apr 72.10 73.80 65.10
79.10
2720.297 lakhs
31 Tue Mar 74.45 76.00 56.00
80.15
3213.472 lakhs
monthly BEL chart

Monthly forecast of Bharat Electronics is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Bharat Electronics based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Monthly Price action analysis of Bharat Electronics 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.

Bharat Electronics Daily stock price targets

  • Upside daily target: 91.43
  • Downside daily target: 86.3
  • Downside daily target: 82.1

Bharat Electronics Weekly stock price targets

  • Upside weekly target: 96.58
  • Upside weekly target: 90.44
  • Downside weekly target: 84.6
  • Downside weekly target: 78.06
  • Downside weekly target: 73.98
  • Downside weekly target: 69.48
  • Downside weekly target: 65.78
  • Downside weekly target: 62.35
  • Downside weekly target: 57.13
  • Downside weekly target: 54

Bharat Electronics Monthly stock price targets

  • Upside monthly target: 129.43
  • Upside monthly target: 116.46
  • Upside monthly target: 110.83
  • Upside monthly target: 104.83
  • Upside monthly target: 99.83
  • Upside monthly target: 94.86
  • Upside monthly target: 89.4
  • Downside monthly target: 82.83
  • Downside monthly target: 78.03
  • Downside monthly target: 70.5
  • Downside monthly target: 66.65
  • Downside monthly target: 61.6
  • Downside monthly target: 56.45
  • Downside monthly target: 53.15

Bharat Electronics (BEL) indicators technical analysis

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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 85.1 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.

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chart BEL