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2022 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
27 Thu Jan 204.90 201.90 206.30 198.15 79.33 lakhs
25 Tue Jan 204.20 196.30 205.50 194.20 99.06 lakhs
24 Mon Jan 197.30 206.95 208.75 195.05 66.75 lakhs
21 Fri Jan 206.95 211.40 211.65 205.00 59.08 lakhs
20 Thu Jan 212.35 209.00 212.80 207.45 67.59 lakhs
BEL chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 205.3, but if it comes above 205.3, then a intra day buy could be more profitable.
If you take a sell trade below 205.3, then use 205.3 as stoploss and 199.7 as target. However if you take a buy trade in stock , then use 205.3 as stoploss and 210.04 as target.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of BEL based on a 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.

Intraday technical analysis of Bharat Electronics

Stock is trading at 209.60 as on 28 Fri Jan 11:55

Day open is at 206.75, day high is at 211.00, day low is at 205.35, and day volume is at 648.7 lakhs so far.

First 15 minute high low range is 205.35 - 207.80

First hour high low range is 205.35 - 209.85

Date Intraday Price Open High Low Volume
28 Fri Jan 11:55 209.60 206.75 211.00 205.35 3685295
28 Fri Jan 11:50 209.90 206.75 211.00 205.35 3660142
28 Fri Jan 11:45 209.85 206.75 211.00 205.35 3634534
28 Fri Jan 11:40 209.85 206.75 211.00 205.35 3567293
28 Fri Jan 11:35 210.15 206.75 210.50 205.35 3306319
Intraday BEL chart

Trend of Bharat Electronics is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Bharat Electronics (BEL) intraday stock price targets

  • EntEntry: 206.58 or 203.9125
  • Upside target: 207.8
  • Downside target : 202.9
  • Second Upside target: 209.68
  • Second Downside target : 201.53

Bharat Electronics (BEL) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 204.90 206.95 194.20
208.75
245.147 lakhs
21 Fri Jan 206.95 222.00 205.00
222.80
383.878 lakhs
14 Fri Jan 220.10 208.95 207.25
222.10
222.78 lakhs
07 Fri Jan 208.05 209.75 207.50
219.05
246.882 lakhs
31 Fri Dec 209.95 204.00 201.50
213.00
329.644 lakhs
weekly BEL chart

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

Weekly Price action analysis of Bharat Electronics based on a short 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.

Weekly Price action analysis of Bharat Electronics based on a short to mid term time period is

Bharat Electronics (BEL) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 204.90 209.75 194.20
222.80
1098.687 lakhs
31 Fri Dec 209.95 204.00 191.65
214.70
1225.347 lakhs
30 Tue Nov 203.75 207.70 188.80
228.00
1365.499 lakhs
29 Fri Oct 206.85 200.00 183.45
221.50
1331.287 lakhs
30 Thu Sep 202.95 187.20 186.55
212.45
1574.324 lakhs
monthly BEL chart

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

Monthly 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.

Monthly 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 Daily stock price targets

  • Upside daily target: 227.95
  • Upside daily target: 215.25
  • Downside daily target: 203.91
  • Downside daily target: 189.33

Bharat Electronics Weekly stock price targets

  • Upside weekly target: 228.53
  • Upside weekly target: 217.23
  • Upside weekly target: 206.83
  • Downside weekly target: 194.5

Bharat Electronics Monthly stock price targets

  • Upside monthly target: 233.2
  • Upside monthly target: 220.65
  • Upside monthly target: 208.33
  • Downside monthly target: 197.65
  • Downside monthly target: 186.29
  • Downside monthly target: 176.68
  • Downside monthly target: 159.25
  • Downside monthly target: 148.56
  • Downside monthly target: 137.13
  • Downside monthly target: 126.13

Bharat Electronics (BEL) indicators technical analysis

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.

ADX buy sell signal for Bharat Electronics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Electronics in short term and the sell signal is strong.

Bharat Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

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 209.21 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 negative.

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