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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 2024-09-20 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 19523

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	11914.45	12851.00	12999.05	11725.50	1.306 times
19 Thu Sep 2024	12837.00	13073.80	13177.45	12642.10	0.255 times
18 Wed Sep 2024	12898.90	13499.00	13499.55	12800.00	0.311 times
17 Tue Sep 2024	13379.45	13655.25	13799.45	13292.00	0.197 times
16 Mon Sep 2024	13633.05	14000.00	14000.00	13610.00	0.288 times
13 Fri Sep 2024	13742.95	13480.30	13775.00	13277.00	0.515 times
12 Thu Sep 2024	13274.25	13692.95	14100.00	13210.05	0.968 times
11 Wed Sep 2024	13681.55	13475.00	13900.00	13475.00	0.393 times
10 Tue Sep 2024	13659.00	13737.95	13925.40	13530.00	0.53 times
09 Mon Sep 2024	13601.70	13402.70	14284.50	13250.00	2.26 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 11999.1, for a target of 12594.3 or 13090.24

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	11725.50
Upside Target	12151.00
Upside Target	13071.30
Upside Target	13722.30
Upside Target	14000.00
Upside Target	14032.00
Upside Target	14284.50

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	11093.3
Downside Intraday Target	10272.15
Upside Intraday Target	13367.8
Upside Intraday Target	14821.15
Upside Intraday Target	12546.65

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	11914.45	14000.00	14000.00	11725.50	0.505 times
13 Fri Sep 2024	13742.95	13402.70	14284.50	13210.05	0.913 times
06 Fri Sep 2024	13713.30	13199.95	14032.00	12300.00	1.575 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

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
20 Fri Sep 2024	11914.45	13199.95	14284.50	11725.50	0.672 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 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 mid to longer 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.

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 13198.11 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.