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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 2024-01-08 View latest technical analysis

10 day averaged volume of Bharat Wire is 341039

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	308.30	309.75	316.90	303.25	0.408 times
05 Fri Jan 2024	308.85	321.00	321.00	305.95	0.551 times
04 Thu Jan 2024	316.10	308.00	318.00	307.95	1.532 times
03 Wed Jan 2024	305.85	305.50	311.00	302.85	0.573 times
02 Tue Jan 2024	302.55	302.85	311.60	300.00	0.892 times
01 Mon Jan 2024	306.65	309.00	311.90	301.60	0.767 times
29 Fri Dec 2023	309.00	313.60	317.00	302.35	0.709 times
28 Thu Dec 2023	313.60	317.50	320.70	311.60	0.375 times
27 Wed Dec 2023	317.20	324.00	332.75	315.55	1.669 times
26 Tue Dec 2023	321.95	316.95	326.45	316.90	1.177 times

My analysis of stock is bearish for shortterm, and stock might move down till 303.7 or till 295.8. Use a stoploss of 310.24 and if the stock hits stoploss, then it can shoot up till 316.8

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	231.55
Downside Target	253.80
Downside Target	278.70
Downside Target	292.95
Downside Target	303.25
Upside Target	316.90
Upside Target	321.00
Upside Target	325.00
Upside Target	332.75
Upside Target	336.90
Upside Target	343.45

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	302.07
Downside Intraday Target	295.83
Upside Intraday Target	315.72
Upside Intraday Target	323.13
Upside Intraday Target	309.48

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	308.30	309.75	316.90	303.25	0.094 times
05 Fri Jan 2024	308.85	309.00	321.00	300.00	1.098 times
29 Fri Dec 2023	309.00	316.95	332.75	302.35	0.486 times
22 Fri Dec 2023	315.60	300.10	325.00	292.95	2.21 times
15 Fri Dec 2023	302.60	326.80	336.90	300.10	0.267 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
08 Mon Jan 2024	308.30	309.00	321.00	300.00	0.158 times
29 Fri Dec 2023	309.00	283.00	343.45	281.00	1.35 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

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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bharat Wire ( (BHARATWIRE) ) 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Bharat Wire in short term but the sell signal is initial and weak.

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 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 Wire in short term and SELL 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

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 312.67 and Bharat Wire (BHARATWIRE) 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 Wire (BHARATWIRE) stock. Volume based technical analysis of Bharat Wire (BHARATWIRE) stock is negative.

Bharat Wire 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.