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 2024-09-05 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 8757

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	12368.55	12401.00	12797.85	12300.00	0.641 times
04 Wed Sep 2024	12640.60	12717.90	12733.80	12570.00	0.371 times
03 Tue Sep 2024	12750.70	12615.00	12945.30	12601.00	0.351 times
02 Mon Sep 2024	12737.10	13199.95	13199.95	12420.00	0.487 times
30 Fri Aug 2024	12855.45	12931.80	13164.95	12639.05	0.845 times
29 Thu Aug 2024	12814.95	13366.30	13550.00	12512.10	1.13 times
28 Wed Aug 2024	13403.05	13097.40	13722.30	12900.05	3.351 times
27 Tue Aug 2024	13097.40	13000.00	13185.00	12760.05	1.054 times
26 Mon Aug 2024	12801.30	12690.00	12880.00	12600.00	0.856 times
23 Fri Aug 2024	12486.85	12305.00	12736.40	12238.55	0.867 times

My analysis of stock is bearish for shortterm, and stock might move down till 12009.4 or till 11366.6. Use a stoploss of 12545.09 and if the stock hits stoploss, then it can shoot up till 13080.77

Share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Target	9015.55
Downside Target	9300.05
Downside Target	10271.00
Downside Target	10847.95
Downside Target	11845.70
Downside Target	12151.00
Upside Target	12815.15
Upside Target	13071.30
Upside Target	13199.95
Upside Target	13276.90
Upside Target	13289.95
Upside Target	13722.30

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	12045.72
Downside Intraday Target	11722.88
Upside Intraday Target	12945.67
Upside Intraday Target	13522.78
Upside Intraday Target	12622.83

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	12368.55	13199.95	13199.95	12300.00	0.256 times
30 Fri Aug 2024	12855.45	12690.00	13722.30	12512.10	1.303 times
23 Fri Aug 2024	12486.85	13071.30	13071.30	12151.00	0.413 times
16 Fri Aug 2024	13071.30	12808.00	13289.95	11845.70	1.192 times
09 Fri Aug 2024	12815.15	10600.00	12815.15	10271.00	1.587 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
05 Thu Sep 2024	12368.55	13199.95	13199.95	12300.00	0.046 times
30 Fri Aug 2024	12855.45	11320.25	13722.30	10271.00	1.663 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

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 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 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 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 12975.19 and Bharat Rasayan (BHARATRAS) stock is trading below this level. This means that stock is falling with high volumes. 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.