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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 2024-05-30 View latest technical analysis

10 day averaged volume of Bharat Wire is 184590

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	276.55	281.80	287.00	275.40	0.728 times
29 Wed May 2024	280.85	283.70	284.55	277.70	0.351 times
28 Tue May 2024	282.10	291.80	293.95	281.50	0.822 times
27 Mon May 2024	288.55	288.80	292.95	282.00	0.8 times
24 Fri May 2024	286.25	288.60	297.30	281.15	1.503 times
23 Thu May 2024	287.85	270.00	290.10	269.40	3.233 times
22 Wed May 2024	268.65	268.50	271.00	265.60	0.784 times
21 Tue May 2024	265.70	270.20	272.70	263.70	0.842 times
18 Sat May 2024	270.60	265.90	273.00	265.90	0.355 times
17 Fri May 2024	271.25	268.00	273.30	268.00	0.606 times

My analysis of stock is bullish for shortterm, and stock might move up till 283.1 or till 294.2. Use a stoploss of 273.9 and if this stock hits its stoploss, then it can fall down till 264.69

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	253.00
Downside Target	263.70
Downside Target	275.40
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	269.98
Downside Intraday Target	263.42
Upside Intraday Target	288.53
Upside Intraday Target	300.52
Upside Intraday Target	281.97

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	276.55	288.80	293.95	275.40	0.424 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 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
30 Thu May 2024	276.55	297.80	300.00	253.00	2.418 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is gaining 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 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 red color and prices are below the red 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 and the buying is gaining 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 281.15 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 negative.

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