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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 2024-01-17 View latest technical analysis

10 day averaged volume of Bharat Wire is 1101587

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	371.65	385.00	385.00	367.10	0.421 times
16 Tue Jan 2024	391.05	396.00	399.70	378.25	0.522 times
15 Mon Jan 2024	396.00	393.95	399.15	383.00	0.537 times
12 Fri Jan 2024	395.15	390.80	400.60	383.30	0.604 times
11 Thu Jan 2024	386.90	384.00	389.95	375.70	2.52 times
10 Wed Jan 2024	382.95	339.00	387.00	334.05	2.753 times
09 Tue Jan 2024	338.30	310.00	348.80	308.00	2.115 times
08 Mon Jan 2024	308.30	309.75	316.90	303.25	0.126 times
05 Fri Jan 2024	308.85	321.00	321.00	305.95	0.17 times
04 Thu Jan 2024	316.10	308.00	318.00	307.95	0.474 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 370.3, but if it comes below 370.3, then a intra day sell could be more profitable.
If you take a sell trade below 370.3, then use 370.3 as stoploss and 334.5 as target. However if you take a buy trade in stock , then use 370.3 as stoploss and 413.2 as target.

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	321.00
Downside Target	325.00
Downside Target	332.75
Downside Target	343.45
Downside Target	367.10
Upside Target	399.70
Upside Target	400.60

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	359.27
Downside Intraday Target	346.88
Upside Intraday Target	391.87
Upside Intraday Target	412.08
Upside Intraday Target	379.48

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	371.65	393.95	399.70	367.10	0.182 times
12 Fri Jan 2024	395.15	309.75	400.60	303.25	6.078 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

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
17 Wed Jan 2024	371.65	309.00	400.60	300.00	1.182 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 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 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 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 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 losing momentum.

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

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 green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 370.81 and Bharat Wire (BHARATWIRE) 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 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.