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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)

Showing technical analysis as on 2023-12-19 View latest technical analysis

10 day averaged volume of Bharat Wire is 521545

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	319.70	309.00	323.70	302.00	2.012 times
18 Mon Dec 2023	302.20	300.10	307.95	295.50	0.55 times
15 Fri Dec 2023	302.60	312.25	312.70	300.10	0.403 times
14 Thu Dec 2023	311.70	311.65	315.95	307.05	0.291 times
13 Wed Dec 2023	311.10	312.65	314.00	307.85	0.248 times
12 Tue Dec 2023	309.70	317.75	319.80	302.65	0.607 times
11 Mon Dec 2023	319.85	326.80	336.90	314.30	0.845 times
08 Fri Dec 2023	325.50	335.00	343.45	323.10	0.888 times
07 Thu Dec 2023	333.60	314.05	339.40	312.50	2.126 times
06 Wed Dec 2023	315.60	318.70	321.00	309.30	1.292 times

Stock of Bharat Wire (BHARATWIRE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 318.2, but if it comes below 318.2, then a intra day sell could be more profitable.
If you take a sell trade below 318.2, then use 318.2 as stoploss and 302.34 as target. However if you take a buy trade in stock , then use 318.2 as stoploss and 337.3 as target.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	199.75
Downside Target	231.55
Downside Target	241.85
Downside Target	253.80
Downside Target	273.60
Downside Target	294.00
Downside Target	300.10
Downside Target	301.90
Upside Target	323.70
Upside Target	336.90
Upside Target	343.45

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	302.23
Downside Intraday Target	284.77
Upside Intraday Target	330.43
Upside Intraday Target	341.17
Downside Intraday Target	312.97

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	319.70	300.10	323.70	295.50	1.07 times
15 Fri Dec 2023	302.60	326.80	336.90	300.10	0.267 times
08 Fri Dec 2023	325.50	286.35	343.45	286.00	5.865 times
01 Fri Dec 2023	282.05	292.75	294.00	281.00	0.269 times
24 Fri Nov 2023	292.75	275.20	301.90	273.60	2.25 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 Wire (BHARATWIRE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	319.70	283.00	343.45	281.00	0.984 times
30 Thu Nov 2023	283.50	255.25	301.90	253.80	0.87 times
31 Tue Oct 2023	256.55	273.70	294.50	231.55	0.612 times
29 Fri Sep 2023	273.40	236.35	278.70	235.10	1.228 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 Wire (BHARATWIRE)

Price action analysis of Bharat Wire ( (BHARATWIRE) ) based on a short 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 Wire ( (BHARATWIRE) ) 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bharat Wire in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Wire in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 319.97 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.