Stock analysis Bharat Electronics Limited BEL
More indepth analysis on MunafaSutra.com
Recent prices of BEL Bharat Electronics Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Fri Jul 2024 | 309.90 | 302.00 to 310.50 | 2.8% | 0.6 times |
| 25 Thu Jul 2024 | 301.45 | 293.40 to 303.40 | 0.45% | 0.68 times |
| 24 Wed Jul 2024 | 300.10 | 299.30 to 306.50 | -0.45% | 0.59 times |
| 23 Tue Jul 2024 | 301.45 | 281.10 to 317.00 | 0% | 1.87 times |
| 23 Tue Jul 2024 | 301.45 | 281.10 to 317.00 | -3.47% | 1.87 times |
| 22 Mon Jul 2024 | 312.30 | 297.30 to 314.70 | 1.96% | 0.96 times |
| 19 Fri Jul 2024 | 306.30 | 305.00 to 316.90 | -2.31% | 1.06 times |
| 18 Thu Jul 2024 | 313.55 | 312.30 to 326.70 | -3.86% | 1.18 times |
| 16 Tue Jul 2024 | 326.15 | 324.50 to 334.40 | -1.58% | 0.65 times |
| 15 Mon Jul 2024 | 331.40 | 331.00 to 336.05 | -0.51% | 0.54 times |
| 12 Fri Jul 2024 | 333.10 | 328.10 to 337.50 | -0.72% | 0.6 times |
| 11 Thu Jul 2024 | 335.50 | 333.00 to 338.20 | 0.49% | 0.78 times |
Technical analysis forecast for Bharat Electronics Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bharat Electronics Limited BEL at this time. Stock is falling and might fall more.
It appears as if Bharat Electronics Limited BEL gave a large move recently.
Stock of Bharat Electronics Limited (BEL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Bharat Electronics Limited is bearish for shortterm, and stock might move down till 298.4 or till 283. Use a stoploss of 311.17 and if the stock hits stoploss, then it can shoot up till 323.96