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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 2024-05-14 View latest technical analysis

10 day averaged volume of Bharat Wire is 454051

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue May 2024	273.20	272.00	275.80	271.25	0.306 times
13 Mon May 2024	269.40	258.45	269.40	258.00	0.48 times
10 Fri May 2024	256.60	261.90	261.90	253.00	0.387 times
09 Thu May 2024	259.45	264.00	264.00	257.00	0.399 times
08 Wed May 2024	264.00	268.85	268.85	257.95	0.385 times
07 Tue May 2024	269.10	281.60	283.95	266.20	0.717 times
06 Mon May 2024	280.20	287.00	289.35	276.00	0.523 times
03 Fri May 2024	287.10	295.00	300.00	279.30	1.754 times
02 Thu May 2024	294.00	297.80	298.00	286.20	1.984 times
30 Tue Apr 2024	301.25	320.00	330.55	299.10	2.929 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 264 as stoploss in an intra day buy trade for a target of 306.03. However, stock will show a bearish move below 264.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	253.00
Upside Target	275.80
Upside Target	289.35
Upside Target	300.00
Upside Target	301.90
Upside Target	315.45
Upside Target	330.55
Upside Target	343.45
Upside Target	360.90
Upside Target	399.70
Upside Target	400.60

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	262.2
Downside Intraday Target	251.2
Upside Intraday Target	280
Upside Intraday Target	286.8
Downside Intraday Target	269

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue May 2024	273.20	258.45	275.80	258.00	0.326 times
10 Fri May 2024	256.60	287.00	289.35	253.00	0.339 times
03 Fri May 2024	287.10	312.00	330.55	279.30	5.073 times
26 Fri Apr 2024	308.10	292.55	315.45	292.55	0.326 times
18 Thu Jan 2024	371.20	393.95	399.70	360.90	0.218 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
14 Tue May 2024	273.20	297.80	300.00	253.00	1.454 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
29 Fri Dec 2023	309.00	283.00	343.45	281.00	1.35 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 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 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 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 Weak and stock is losing momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 286.5 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 negative.

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