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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 2024-05-27 View latest technical analysis

10 day averaged volume of Bharat Wire is 194837

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	288.55	288.80	292.95	282.00	0.758 times
24 Fri May 2024	286.25	288.60	297.30	281.15	1.424 times
23 Thu May 2024	287.85	270.00	290.10	269.40	3.063 times
22 Wed May 2024	268.65	268.50	271.00	265.60	0.743 times
21 Tue May 2024	265.70	270.20	272.70	263.70	0.797 times
18 Sat May 2024	270.60	265.90	273.00	265.90	0.336 times
17 Fri May 2024	271.25	268.00	273.30	268.00	0.575 times
16 Thu May 2024	268.15	272.15	273.45	267.00	0.667 times
15 Wed May 2024	272.35	275.00	275.20	272.00	0.564 times
14 Tue May 2024	273.20	272.00	275.80	271.25	0.712 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 291.8 as stoploss in an intra day sell trade for a target of 277.43. However, stock will show a bullish move above 291.8.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	253.00
Downside Target	263.70
Downside Target	275.80
Upside Target	289.35
Upside Target	297.30
Upside Target	300.00
Upside Target	301.90
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	282.72
Downside Intraday Target	276.88
Upside Intraday Target	293.67
Upside Intraday Target	298.78
Downside Intraday Target	287.83

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	288.55	288.80	292.95	282.00	0.126 times
24 Fri May 2024	286.25	270.20	297.30	263.70	1.518 times
18 Sat May 2024	270.60	258.45	275.80	258.00	0.707 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

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
27 Mon May 2024	288.55	297.80	300.00	253.00	2.257 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, and volume has increased substantially. This means that the move can 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 stronger in this stock.

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 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 279.41 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 negative.

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