Stock analysis Bharat Electronics Limited BEL
Recent prices of BEL Bharat Electronics Limited are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast of Bharat Electronics Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bharat Electronics Limited BEL at this time. Stock is rising and might rise more.
It appears as if Bharat Electronics Limited BEL gave a large move recently.
Stock of Bharat Electronics Limited (BEL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Bharat Electronics Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 139.6 as stoploss in an intra day sell trade for a target of 136.99. However, stock will show a bullish move above 139.6.