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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 2024-08-14 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 20042

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	12172.80	12048.60	12869.95	11845.70	1.128 times
13 Tue Aug 2024	12048.60	12700.00	12700.00	11873.70	0.945 times
12 Mon Aug 2024	12568.00	12808.00	13028.25	11922.15	2.356 times
09 Fri Aug 2024	12815.15	12000.00	12815.15	12000.00	3.71 times
08 Thu Aug 2024	10679.30	10655.30	10750.05	10565.05	0.166 times
07 Wed Aug 2024	10518.70	10661.50	10761.95	10469.10	0.285 times
06 Tue Aug 2024	10503.95	10713.75	10906.00	10333.10	0.354 times
05 Mon Aug 2024	10713.75	10600.00	10948.30	10271.00	0.407 times
02 Fri Aug 2024	10789.40	10900.00	11083.70	10750.00	0.355 times
01 Thu Aug 2024	10858.45	11320.25	11366.60	10655.55	0.857 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11820.6, but if it comes below 11820.6, then a intra day sell could be more profitable.
If you take a sell trade below 11820.6, then use 11820.6 as stoploss and 11138.73 as target. However if you take a buy trade in stock , then use 11820.6 as stoploss and 12638.9 as target.

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
Downside Target	10651.05
Downside Target	11167.90
Downside Target	11690.00
Downside Target	11845.70
Upside Target	12196.10
Upside Target	12815.15
Upside Target	13028.25
Upside Target	13276.90

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	11669.58
Downside Intraday Target	11166.37
Upside Intraday Target	12852.13
Upside Intraday Target	13531.47
Upside Intraday Target	12348.92

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	12172.80	12808.00	13028.25	11845.70	0.9 times
09 Fri Aug 2024	12815.15	10600.00	12815.15	10271.00	1.587 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

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
14 Wed Aug 2024	12172.80	11320.25	13028.25	10271.00	0.998 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 up 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) based on a short 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.

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Rasayan in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 and BUY 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 12142 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 rising upwards.

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 is giving positive 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.