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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
23 Wed Sep 93.85 93.05 95.50 92.35 162.5 lakhs
22 Tue Sep 92.20 96.35 96.60 91.00 161.87 lakhs
21 Mon Sep 96.30 103.70 103.80 95.10 136.09 lakhs
18 Fri Sep 103.90 104.00 104.60 102.20 93.28 lakhs
17 Thu Sep 103.55 102.50 104.90 102.40 72.4 lakhs
BEL chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 92.8, for a target of 98.9 or 103.93

  • 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 93.85 as on 23 Wed Sep 15:33

Day open is at 93.05, day high is at 95.50, day low is at 92.35, and day volume is at 6354.13 lakhs so far.

First 15 minute high low range is 92.80 - 94.45

First hour high low range is 92.80 - 95.35

Date Intraday Price Open High Low Volume
23 Wed Sep 15:33 93.85 93.05 95.50 92.35 16247644
23 Wed Sep 15:30 93.85 93.05 95.50 92.35 16247644
23 Wed Sep 15:25 93.70 93.05 95.50 92.35 16105527
23 Wed Sep 15:20 94.00 93.05 95.50 92.35 15871181
23 Wed Sep 15:15 94.00 93.05 95.50 92.35 15289589
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: 93.63 or 94.3
  • Upside target: 94.45
  • Downside target : 91.15
  • Second Upside target: 96.25
  • Second Downside target : 93.1

Bharat Electronics (BEL) weekly technical analysis

Date Weekly Close Open Range Volume
23 Wed Sep 93.85 103.70 91.00
103.80
460.462 lakhs
18 Fri Sep 103.90 106.00 102.20
109.65
482.786 lakhs
11 Fri Sep 102.25 106.90 99.00
108.15
406.084 lakhs
04 Fri Sep 106.40 112.50 104.40
113.10
503.409 lakhs
28 Fri Aug 112.05 111.00 109.80
115.95
700.752 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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
23 Wed Sep 93.85 107.00 91.00
110.35
1710.305 lakhs
31 Mon Aug 106.10 96.00 95.05
118.45
3862.832 lakhs
31 Fri Jul 95.85 88.65 87.55
105.40
4385.456 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
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Bharat Electronics Daily stock price targets

  • Upside daily target: 110.98
  • Upside daily target: 105.48
  • Upside daily target: 100.05
  • Upside daily target: 94.4
  • Downside daily target: 88.8

Bharat Electronics Weekly stock price targets

  • Upside weekly target: 122.83
  • Upside weekly target: 113.61
  • Upside weekly target: 108.15
  • Upside weekly target: 102.1
  • Upside weekly target: 97.13
  • Downside weekly target: 90.3

Bharat Electronics Monthly stock price targets

  • Upside monthly target: 123.98
  • Upside monthly target: 109.55
  • Upside monthly target: 102.1
  • Upside monthly target: 96.55
  • Downside monthly target: 91.7
  • Downside monthly target: 86.11
  • Downside monthly target: 80.73
  • Downside monthly target: 75.6
  • 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 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 getting stronger in this stock.

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 negative zone. This is the SELL 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 99.95 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