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Technicals for Bharat Electronics Limited
By MusingTheNews
2026-02-02 20:26
Overall Technical outlook
Price Summary
On 2026-02-02, BEL's stock started at 432.0, reached a high of 441.35, fell to 420.25, and ended 1.64% up at 439.1, with 43648810 shares traded. The stock's highest price over the 52-week span is 453.0, while the lowest price is 244.6. According to 27 analysts, the future price is anticipated to vary between 263.0 and 565.0, with an average expected price of around 479.07407.
Technicals
Support and Resistance: With the current price at 439.1, support is found at 422.3 and resistance at 453.0. These levels indicate where buyers might step in at 422.3, while sellers could limit gains at 453.0, defining a trading boundary for Bharat Electronics Limited. Support/Resistance for BEL
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Bharat Electronics Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Bharat Electronics Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for BEL. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Bharat Electronics Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Bharat Electronics Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Bharat Electronics Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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