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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 2024-08-06 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 14452

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	10503.95	10713.75	10906.00	10333.10	0.491 times
05 Mon Aug 2024	10713.75	10600.00	10948.30	10271.00	0.565 times
02 Fri Aug 2024	10789.40	10900.00	11083.70	10750.00	0.492 times
01 Thu Aug 2024	10858.45	11320.25	11366.60	10655.55	1.188 times
31 Wed Jul 2024	11292.85	11250.10	11732.00	11250.10	0.784 times
30 Tue Jul 2024	11219.35	11142.05	11279.30	11038.75	0.825 times
29 Mon Jul 2024	11141.10	11195.80	11351.00	10950.00	1.013 times
26 Fri Jul 2024	11092.05	10729.00	11690.00	10488.05	3.533 times
25 Thu Jul 2024	10519.80	10605.00	10818.00	10470.00	0.567 times
24 Wed Jul 2024	10687.20	10835.00	11068.55	10645.70	0.413 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10407.4, for a target of 10677.6 or 10902.7

Share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Target	8511.00
Downside Target	9015.55
Downside Target	9300.05
Downside Target	10126.25
Upside Target	10651.05
Upside Target	11167.90
Upside Target	11366.60
Upside Target	11690.00
Upside Target	11698.95
Upside Target	11732.00
Upside Target	12196.10
Upside Target	13276.90

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	10200.53
Downside Intraday Target	9897.12
Upside Intraday Target	10877.83
Upside Intraday Target	11251.72
Upside Intraday Target	10574.42

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	10503.95	10600.00	10948.30	10271.00	0.245 times
02 Fri Aug 2024	10789.40	11195.80	11732.00	10655.55	0.762 times
26 Fri Jul 2024	11092.05	10578.00	11690.00	10304.45	2.707 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

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
06 Tue Aug 2024	10503.95	11320.25	11366.60	10271.00	0.186 times
31 Wed Jul 2024	11292.85	11900.00	12196.10	10304.45	0.619 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

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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 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 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 10979.72 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 negative.

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