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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 2024-07-22 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 6929

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	10687.60	10578.00	11072.45	10460.40	1.066 times
19 Fri Jul 2024	10738.35	10884.35	11100.00	10651.05	0.757 times
18 Thu Jul 2024	10998.05	10999.95	11167.90	10950.00	2.01 times
16 Tue Jul 2024	10998.55	11000.00	11075.95	10921.55	0.753 times
15 Mon Jul 2024	11004.40	10910.00	11099.00	10817.95	0.83 times
12 Fri Jul 2024	10900.80	10920.00	11069.95	10800.05	0.717 times
11 Thu Jul 2024	10918.30	11006.30	11149.00	10800.00	1.215 times
10 Wed Jul 2024	11006.30	11460.00	11460.00	10810.05	1.101 times
09 Tue Jul 2024	11253.65	11496.00	11520.05	11200.00	0.788 times
08 Mon Jul 2024	11441.05	11698.95	11698.95	11350.00	0.614 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10944.2, but if it comes above 10944.2, then a intra day buy could be more profitable.
If you take a sell trade below 10944.2, then use 10944.2 as stoploss and 10446.7 as target. However if you take a buy trade in stock , then use 10944.2 as stoploss and 11358.75 as target.

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	10460.40
Upside Target	11072.45
Upside Target	11201.10
Upside Target	11698.95
Upside Target	12196.10
Upside Target	12500.30
Upside Target	13276.90

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	10407.85
Downside Intraday Target	10128.1
Upside Intraday Target	11019.9
Upside Intraday Target	11352.2
Upside Intraday Target	10740.15

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	10687.60	10578.00	11072.45	10460.40	0.245 times
19 Fri Jul 2024	10738.35	10910.00	11167.90	10651.05	0.981 times
12 Fri Jul 2024	10900.80	11698.95	11698.95	10800.00	0.968 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

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
22 Mon Jul 2024	10687.60	11900.00	12196.10	10460.40	0.292 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 10977.14 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.