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Technicals for Bharat Electronics Limited
By MusingTheNews
2025-04-25 20:25
Overall Technical outlook
Price Summary
Bharat Electronics Limited's stock tumbled -3.0% today, marking a awful performance in the market. Bharat Electronics Limited's stock started trading at 306.8 on 2025-04-25, climbed to 307.8, fell to 293.7, and closed -3.0% down at 297.6, with 20285024 shares traded. Over the previous 52 weeks, the stock reached a high of 335.5 and a low of 224.75. Analysts' predictions indicate that BEL's future price will be between 224.0 and 385.0, with a mean price expectation of approximately 338.3913.
Technicals
Support and Resistance: The price for BEL at 297.6 is supported by the 288.55 level and faces resistance at 305.85. This range indicates key levels where the price may find buyers near 288.55 and sellers near 305.85, defining a trading range. Support/Resistance for BEL
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Bharat Electronics Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Bharat Electronics Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Bharat Electronics Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Bharat Electronics Limited
Stochastic: The stochastic indicator reflects the K-line dropping below the D-line, though it remains above 80, pointing to a possible start of a bearish price move. This could be an early sign that the market's upward trend is reversing, potentially leading to a decline. Traders should be on the lookout for further bearish signals. Stochastic chart for Bharat Electronics Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Bharat Electronics Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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