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Technicals for Bharat Electronics Limited
By MusingTheNews
2025-07-16 20:25
Overall Technical outlook
Price Summary
2025-07-15, saw BEL's stock open at 408.5, hit a peak of 412.9, fall to a low of 407.8, and close up 0.11% at 408.95, with 11967539 shares changing hands. Over the past 52 weeks, the stock reached a maximum price of 432.25 and a minimum price of 244.6. The projected price range for Bharat Electronics Limited is between 246.0 and 490.0, with an expected mean price of 406.78262, according to 23 analysts.
Technicals
Support and Resistance: The price sits at 408.95, supported by 401.75 and resisted by 418.5. This indicates a trading range where 401.75 provides a floor, preventing declines, and 418.5 acts as a ceiling, limiting further price increases for BEL. Support/Resistance for BEL
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for Bharat Electronics Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for BEL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Bharat Electronics Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for BEL. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Bharat Electronics Limited
Stochastic: The Stochastic K-line has fallen below the D-line and remains under the 20 mark, indicating a mildly bearish signal. This suggests that the market may experience some downward pressure, but the overall bearish sentiment is not yet strong. Investors should be cautious, watching for further developments that could confirm this trend. Stochastic chart for Bharat Electronics Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Bharat Electronics Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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