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(BHARATWIRE) Bharat Wire complete technical analysis [charts+indicators] | Buy/Sell Bharat Wire | (BHARATWIRE) share price targets

Complete technical analysis of Bharat Wire (BHARATWIRE) by charts plus indicators, forecast predictions and share price targets for Bharat Wire (BHARATWIRE)

10 day averaged volume of Bharat Wire is 244933

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	272.15	273.85	280.00	267.55	0.978 times
20 Thu Jun 2024	271.95	271.55	277.00	269.00	0.435 times
19 Wed Jun 2024	271.55	278.00	282.10	270.00	0.46 times
18 Tue Jun 2024	277.70	280.75	284.00	275.80	0.684 times
14 Fri Jun 2024	280.60	275.10	281.00	275.10	0.939 times
13 Thu Jun 2024	275.10	275.00	276.55	269.60	0.727 times
12 Wed Jun 2024	272.00	272.50	277.95	268.30	0.735 times
11 Tue Jun 2024	276.60	232.35	279.80	232.35	3.768 times
10 Mon Jun 2024	272.30	268.40	275.00	268.40	0.568 times
07 Fri Jun 2024	268.20	267.00	271.00	264.30	0.655 times

My analysis of stock is bearish for shortterm, and stock might move down till 261.4 or till 247.6. Use a stoploss of 272.98 and if the stock hits stoploss, then it can shoot up till 284.53

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	228.10
Downside Target	253.00
Downside Target	263.70
Upside Target	281.00
Upside Target	290.85
Upside Target	293.95
Upside Target	297.30
Upside Target	300.00
Upside Target	330.55
Upside Target	343.45
Upside Target	400.60

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	265.13
Downside Intraday Target	258.12
Upside Intraday Target	281.58
Upside Intraday Target	291.02
Upside Intraday Target	274.57

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	272.15	280.75	284.00	267.55	0.379 times
14 Fri Jun 2024	280.60	268.40	281.00	232.35	1.027 times
07 Fri Jun 2024	268.20	278.00	290.85	228.10	2.813 times
31 Fri May 2024	273.55	288.80	293.95	272.10	0.486 times
24 Fri May 2024	286.25	270.20	297.30	263.70	1.518 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 Wire (BHARATWIRE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	272.15	278.00	290.85	228.10	0.731 times
31 Fri May 2024	273.55	297.80	300.00	253.00	2.452 times
30 Tue Apr 2024	301.25	292.55	330.55	292.55	0.175 times
18 Thu Jan 2024	371.20	309.00	400.60	300.00	1.213 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 Wire (BHARATWIRE)

Price action analysis of Bharat Wire ( (BHARATWIRE) ) based on a short 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 Wire ( (BHARATWIRE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bharat Wire ( (BHARATWIRE) ) 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 Wire ( (BHARATWIRE) ) 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 Wire stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Bharat Wire 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 Wire 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 Wire in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Wire is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 274.93 and Bharat Wire (BHARATWIRE) 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 Wire (BHARATWIRE) stock. Volume based technical analysis of Bharat Wire (BHARATWIRE) stock is negative.

Bharat Wire 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.