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Bharat Electronics technical analysis: RSI, MACD, moving averages and F&O

NSE: BELBSE: 500049Aerospace & DefenseLarge Cap

Bharat Electronics Limited · Face value ₹1 · Listed Mar 1993 on BSE, Jul 2000 on NSE
Last close ₹363.35down ₹4.60 (1.25%)BSE ₹363.75

Share price at the NSE close on 28 Oct 2026. Previous close ₹367.95.

28 Oct: open ₹365.00, high ₹368.35, low ₹361.90

52-week range of traded prices to 28 Oct 2026
₹354.55Low, 23 Oct 2026₹473.45High, 6 Mar 2026
Market cap
₹2,65,601 Cr25th largest listed
P/E
43.21
P/B
11.07
Dividend yield
0.69%
ROE
28.0%
ROCE
31.7%
Debt to equity
0.00
Volume, NSE
79,97,12457.2% delivered

Bharat Electronics' technical indicators on adjusted prices to 28 Oct 2026: moving averages, RSI, MACD, Bollinger bands, beta against the Nifty 500, pivot levels, and futures and options with its lot size.

Price, RSI, MACD and Bollinger bands

A year of sessions on adjusted prices, to 28 Oct 2026.Bharat Electronics share price history

From the 52-week high
−23.3%

Close with its 50 and 200-day averages

  • Close
  • 50-day average
  • 200-day average
The close is above 0 of its 8 simple moving averages (5 to 200 days) in the table below.

Moving averages, including the 50, 100 and 200 day averages

Adjusted prices, to 28 Oct 2026.

WindowSimple (SMA, DMA)Exponential (EMA)
5 days₹364.16−0.2%
10 days₹370.88−2.0%₹369.20−1.6%
20 days₹375.39−3.2%₹375.14−3.1%
30 days₹380.96−4.6%
50 days₹392.26−7.4%₹386.96−6.1%
100 days₹400.25−9.2%₹397.42−8.6%
150 days₹409.66−11.3%
200 days₹416.04−12.7%₹405.67−10.4%

Beside each average, the close against it: the close divided by the average, less one, in per cent. An exponential average weights recent closes more heavily than older ones.

Since the 50-day crossed the 200-day
77Below, 8 Jul 2026 at ₹407.60
200-day average, 20-session change
−0.4%
Sessions above the 200-day average
147of the last 250
Closes above the 20-day average
32%of the last 60 sessions
Volume-weighted average, 20 days
₹375.42
Hull moving average, 9 days
₹361.42
Ichimoku base line, 26 sessions
₹377.60

RSI, MACD and other oscillators

Adjusted prices, to 28 Oct 2026.

  • RSI, 14 days35.3
  • Money flow index, 14 days35.8
  • Stochastic %K30.0
  • Stochastic %D32.5
  • Stochastic RSI39.6
  • Williams %R, 14 days−70.0
  • Ultimate oscillator49.3
  • ADX, 14 days32.0
  • Positive directional indicator17.9
  • Negative directional indicator34.1
MACD line
−7.70In rupees
MACD signal line
−7.11In rupees
MACD histogram
−0.59In rupees
Awesome oscillator
−19.92In rupees
Momentum, 10 sessions
−16.65In rupees
Bull bear power, 13 days
−11.93In rupees
Commodity channel index, 20 days
−97.0No fixed range
Rate of change, 21 sessions
−7.7%Change in the close
Rate of change, 125 sessions
−16.6%Change in the close

Volatility and Bollinger bands

Adjusted prices, to 28 Oct 2026.

Bollinger bands today

Close ₹363.35
Lower band₹358.0120-day average₹375.39Upper band₹392.77
Twice the spread of the last 20 closes either side of their average.
Average true range
₹8.13In rupees, 14 days
Average true range, % of price
2.24%Of the close
Volatility, 20 days
20.6%A year
Volatility, 30 days
25.4%A year
Volatility, 60 days
20.9%A year
Bollinger band width
9.3%Of the 20-day average
  • 30-day volatility, place in its year70%
  • Band width, place in its year65%
  • 21-session change, place in its year7%

Beta, highs and deepest falls

Against the Nifty 500. The 1-year beta, 3-year beta, 3 and 5-year fall and correlation to 23 Oct 2026, the rest to 28 Oct 2026.Bharat Electronics PE ratio and valuation

Beta against the Nifty 500

  • 1 month0.95
  • 3 months1.07
  • 1 year0.98
  • 3 years1.41
1: moves as the Nifty 500 does

Deepest fall from a high

  • 1 year−22.7%
  • 3 and 5 years11 Jul 2024 to 18 Feb 2025; Nifty 500 −10.4% over the same days−27.1%
Highest close since Jan 2007
₹468.456 Mar 2026, 236 days before 28 Oct 2026
Correlation, 1 year
0.55
Correlation, 3 years
0.64

Volume, delivery and notable sessions

Volume restated for splits and bonuses, to 28 Oct 2026.

Volume against the 50-session average

1×: a usual session
Volume on rising days
56%of the last 20 sessions' volume
Volume trend, 20 sessions
+3.4%
Delivery against usual
+0.1
Delivery, last 5 sessions
48.1%
Delivery, last 21 sessions
56.8%
Impact cost
0.02%

Delivery, last 10 sessions

  • 28 Oct57.2%
  • 27 Oct41.3%
  • 26 Oct53.8%
  • 23 Oct50.1%
  • 22 Oct41.8%
  • 21 Oct57.7%
  • 19 Oct50.5%
  • 16 Oct59.2%
  • 15 Oct53.6%
  • 14 Oct54.5%
56.8%: the last 21 sessions together
  • Sep15TueLargest movedown 5.30%
  • Feb1SunBusiest and largest move6.4× usual volumedown 5.27%
  • Jan28WedBusiest and largest move5.3× usual volumeup 8.91%
  • Dec8MonLargest movedown 5.04%
  • Oct31FriBusiest3.7× usual volumeup 3.95%

Of the last 250 sessions: the three with the most shares traded against the 50 sessions before each and the four largest moves of the close, up or down.

Pivot points: support and resistance

On adjusted prices.

For the session after 28 Oct 2026, from that day's open, high, low and close.

Classic levels and the latest close

R3₹373.62
R2₹370.98
R1₹367.17
Pivot₹364.53
S1₹360.72
S2₹358.08
S3₹354.27
Close ₹363.35
LevelClassicWoodieCamarillaFibonacciDeMark
Resistance 3 (R3)₹373.62₹373.03₹365.12₹370.98–
Resistance 2 (R2)₹370.98₹370.69₹364.53₹368.52–
Resistance 1 (R1)₹367.17₹366.58₹363.94₹367.00₹365.85
Pivot point₹364.53₹364.24₹364.53₹364.53₹363.88
Support 1 (S1)₹360.72₹360.13₹362.76₹362.07₹359.40
Support 2 (S2)₹358.08₹357.79₹362.17₹360.55–
Support 3 (S3)₹354.27₹353.68₹361.58₹358.08–

Classic pivot levelsWoodie pivot levelsCamarilla pivot levelsFibonacci pivot levelsDeMark pivot levels

Returns and price ranges

Close to close on adjusted prices. The latest month and year run to 28 Oct 2026.

Last 12 months, per cent

  • Return
  • Loss
−3.4Nov 25−3.0Dec 2512Jan 26−1.0Feb 26−9.9Mar 267.7Apr 26−4.8May 260.3Jun 26−5.8Jul 266.9Aug 26−6.3Sep 26−6.4Oct 26
Highest month Jan 2026, +12.4%; lowest Mar 2026, −9.9%.

Last 10 years, per cent

  • Return
  • Loss
46Dec 17−52Dec 1814Dec 1920Dec 2075Dec 2143Dec 2284Dec 2359Dec 2436Dec 25−9.1Oct 26
Highest year to Dec 2023, +84.4%; lowest to Dec 2018, −51.7%.
Low to highLatest close ₹363.35
WindowChange
1 week−2.1%₹354.55₹374.40
1 month−5.7%₹354.55₹391.00
3 months−6.6%₹354.55₹416.35
6 months−16.6%₹354.55₹443.80
2 years+34.5%₹240.25₹473.45
3 years+174.8%₹130.75₹473.45
5 years+444.2%₹61.15₹473.45
Lowest low and highest high over each window, on adjusted prices; change is close to close. The last year's range of traded prices is at the top of the page.

Futures and options

The market-wide position limit on 28 Oct 2026, then the open interest and put-call ratio session by session.

Limit in use18.4%

0%New positions barred above 95%

Lot size
1,425Shares in one contract
Position limit
53,11,26,757
Open positions
9,77,30,291
Room for the next session
40,68,40,128
Days banned, last year
0Of the last 247 trading days
Futures open interest
9,66,84,825Shares, 28 Oct 2026
Put-call ratio
0.97On open interest, 28 Oct 2026

Futures open interest, shares

  • Futures open interest
12,50,19,5258,95,92,6009,66,84,82529 Jul10 Aug20 Aug1 Sep11 Sep24 Sep7 Oct19 Oct28 Oct

Put-call ratio on open interest

  • Put-call ratio
0.970.540.9729 Jul10 Aug20 Aug1 Sep11 Sep24 Sep7 Oct19 Oct28 Oct