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(BHARATRAS) Bharat Rasayan complete technical analysis [charts+indicators] | Buy/Sell Bharat Rasayan | (BHARATRAS) share price targets

Complete technical analysis of Bharat Rasayan (BHARATRAS) by charts plus indicators, forecast predictions and share price targets for Bharat Rasayan (BHARATRAS)

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 1065

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	8802.70	8629.05	8848.90	8520.00	0.678 times
15 Fri Mar 2024	8629.00	8400.00	8700.10	8350.00	1.564 times
14 Thu Mar 2024	8440.70	8400.00	8693.30	8375.00	1.468 times
13 Wed Mar 2024	8472.95	8826.80	8826.80	8332.75	1.643 times
12 Tue Mar 2024	8807.40	8942.50	8986.95	8775.00	0.651 times
11 Mon Mar 2024	8925.80	9085.00	9111.05	8879.90	1.23 times
07 Thu Mar 2024	9082.25	9095.45	9100.00	8738.05	1.028 times
06 Wed Mar 2024	9043.75	9186.95	9200.00	9000.00	0.899 times
05 Tue Mar 2024	9162.85	9134.80	9244.00	9061.20	0.715 times
04 Mon Mar 2024	9126.90	9280.00	9330.00	9101.05	0.688 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8697.4 as stoploss in an intra day buy trade for a target of 8924.28. However, stock will show a bearish move below 8697.4.

Share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Target	8332.75
Downside Target	8520.00
Upside Target	8960.00
Upside Target	9111.05
Upside Target	9188.95
Upside Target	9330.00
Upside Target	9499.00
Upside Target	9500.00
Upside Target	9693.00
Upside Target	10073.00

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	8598.83
Downside Intraday Target	8394.97
Upside Intraday Target	8927.73
Upside Intraday Target	9052.77
Downside Intraday Target	8723.87

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	8802.70	8629.05	8848.90	8520.00	0.103 times
15 Fri Mar 2024	8629.00	9085.00	9111.05	8332.75	1.969 times
07 Thu Mar 2024	9082.25	9280.00	9330.00	8738.05	0.146 times
02 Sat Mar 2024	9249.95	8920.75	9499.00	8840.10	7.646 times
23 Fri Feb 2024	8883.05	8852.00	8955.00	8765.00	1.047 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	8802.70	9000.00	9499.00	8332.75	0.413 times
29 Thu Feb 2024	8972.80	9098.40	9188.95	8751.00	0.626 times
31 Wed Jan 2024	9015.90	9034.20	10073.00	8960.00	2.389 times
29 Fri Dec 2023	9003.95	9063.80	9693.00	8900.00	0.998 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Rasayan (BHARATRAS)

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bharat Rasayan stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Rasayan in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Rasayan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Rasayan in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Bharat Rasayan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8783.21 and Bharat Rasayan (BHARATRAS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Bharat Rasayan (BHARATRAS) stock. Volume based technical analysis of Bharat Rasayan (BHARATRAS) stock is negative.

Bharat Rasayan Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.