Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-09 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 6936

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	11253.65	11496.00	11520.05	11200.00	0.787 times
08 Mon Jul 2024	11441.05	11698.95	11698.95	11350.00	0.613 times
05 Fri Jul 2024	11405.60	11814.10	11814.10	11201.10	1.214 times
04 Thu Jul 2024	11656.50	11583.90	11859.95	11583.90	0.633 times
03 Wed Jul 2024	11583.90	11989.00	11989.00	11500.00	0.704 times
02 Tue Jul 2024	11644.45	11732.10	11843.95	11550.50	0.547 times
01 Mon Jul 2024	11732.10	11900.00	12196.10	11640.05	1.478 times
28 Fri Jun 2024	11621.75	11850.00	12045.30	11175.05	0.985 times
27 Thu Jun 2024	11846.30	12006.15	12051.80	11700.70	0.648 times
26 Wed Jun 2024	12095.40	11706.15	12500.30	11660.40	2.241 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 11149.6 as stoploss in an intra day buy trade for a target of 11654.82. However, stock will show a bearish move below 11149.6.

Share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Target	8332.75
Downside Target	8511.00
Downside Target	9015.55
Downside Target	9300.05
Downside Target	9499.00
Downside Target	10126.25
Downside Target	10847.95
Downside Target	11175.05
Upside Target	11550.05
Upside Target	12196.10
Upside Target	12500.30
Upside Target	12887.35
Upside Target	13276.90

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	11069.45
Downside Intraday Target	10885.25
Upside Intraday Target	11568.4
Upside Intraday Target	11883.15
Upside Intraday Target	11384.2

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	11253.65	11698.95	11698.95	11200.00	0.306 times
05 Fri Jul 2024	11405.60	11900.00	12196.10	11201.10	0.768 times
28 Fri Jun 2024	11621.75	11987.10	12500.30	11175.05	0.422 times
21 Fri Jun 2024	11967.10	12070.00	12887.35	11550.05	0.703 times
14 Fri Jun 2024	11950.50	10585.00	13276.90	10328.00	2.18 times

Price has moved down 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
09 Tue Jul 2024	11253.65	11900.00	12196.10	11200.00	0.121 times
28 Fri Jun 2024	11621.75	10800.00	13276.90	9300.05	2.676 times
31 Fri May 2024	10703.70	9778.00	10847.95	9015.55	3.393 times
30 Tue Apr 2024	9641.45	8580.35	10126.25	8511.00	1.671 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

Bharat Rasayan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Rasayan in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 11694.33 and Bharat Rasayan (BHARATRAS) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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