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Technicals for Bharat Electronics Limited
By MusingTheNews
2025-06-13 20:25
Overall Technical outlook
Price Summary
On 2025-06-12, Bharat Electronics Limited's stock began at 392.8, peaked at 395.75, declined to 385.6, and ended the day -1.37% down at 387.4, with 15553352 shares traded. The top price for the stock in the last 52 weeks is 397.4, with the bottom price being 244.6. 24 analysts predict that the future price of BEL will be in the range of 246.0 to 450.0, with a mean expected price of about 394.75.
Technicals
Support and Resistance: The price of 387.4 is supported at 310.6 and encounters resistance at 390.45. This suggests key levels where the price might find stability, with 310.6 providing a base and 390.45 acting as an upper boundary for BEL. Support/Resistance for BEL
Aroon: The current reading of the AROON 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. Aroon chart for Bharat Electronics Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for BEL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Bharat Electronics Limited
Parabolic SAR: The PSAR has recently shifted from bullish to bearish, signaling a potential downward trend. If this move is confirmed by other indicators, it could be a strong bearish signal. Investors should watch for further confirmation before considering this as an indicator of a broader market decline. Parabolic Stop and Reverse chart for Bharat Electronics Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Bharat Electronics Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for BEL, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Bharat Electronics Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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