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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 2024-11-06 View latest technical analysis

10 day averaged volume of Bharat Rasayan is 3316

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	12040.65	11740.00	12300.00	11406.75	1.909 times
05 Tue Nov 2024	11503.40	11244.95	11774.50	11066.15	0.973 times
04 Mon Nov 2024	11173.25	11372.30	11582.95	11080.00	0.515 times
01 Fri Nov 2024	11372.30	11432.65	11797.30	11201.05	0.276 times
31 Thu Oct 2024	11172.75	11306.30	11306.30	10918.55	0.675 times
30 Wed Oct 2024	11206.30	10565.90	11700.00	10414.90	3.387 times
29 Tue Oct 2024	10497.65	10539.30	10739.35	10400.10	0.797 times
28 Mon Oct 2024	10539.25	10240.00	10900.00	10200.05	1.26 times
25 Fri Oct 2024	10366.40	10600.45	10611.80	10200.00	0.895 times
24 Thu Oct 2024	10532.55	10854.85	10888.45	10425.00	0.679 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12121.6, for a target of 11606.1 or 11176.57

Share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Target	10200.00
Downside Target	10700.00
Downside Target	11054.95
Downside Target	11505.95
Downside Target	11797.30
Downside Target	11828.55
Downside Target	11846.00
Upside Target	12196.10
Upside Target	12300.00
Upside Target	13722.30
Upside Target	14284.50

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	11304.53
Downside Intraday Target	10568.42
Upside Intraday Target	12538.38
Upside Intraday Target	13036.12
Downside Intraday Target	11802.27

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	12040.65	11372.30	12300.00	11066.15	0.531 times
01 Fri Nov 2024	11372.30	10240.00	11797.30	10200.05	1.893 times
25 Fri Oct 2024	10366.40	11250.05	11505.95	10200.00	0.576 times
18 Fri Oct 2024	11345.50	11575.05	11828.55	11083.00	1.219 times
11 Fri Oct 2024	11594.80	11480.95	11683.00	10700.00	0.748 times

Price has moved up 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 Wed Nov 2024	12040.65	11432.65	12300.00	11066.15	0.145 times
31 Thu Oct 2024	11172.75	11348.00	11846.00	10200.00	0.289 times
30 Mon Sep 2024	11212.40	13199.95	14284.50	11054.95	0.823 times
30 Fri Aug 2024	12855.45	11320.25	13722.30	10271.00	1.663 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Rasayan in short term but the buy signal is initial and weak.

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 stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bharat Rasayan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11142.41 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 negative.

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