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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 2024-06-03 View latest technical analysis

10 day averaged volume of Bharat Wire is 181106

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	283.00	278.00	290.85	276.95	1.885 times
31 Fri May 2024	273.55	278.00	280.10	272.10	0.401 times
30 Thu May 2024	276.55	281.80	287.00	275.40	0.742 times
29 Wed May 2024	280.85	283.70	284.55	277.70	0.357 times
28 Tue May 2024	282.10	291.80	293.95	281.50	0.837 times
27 Mon May 2024	288.55	288.80	292.95	282.00	0.816 times
24 Fri May 2024	286.25	288.60	297.30	281.15	1.532 times
23 Thu May 2024	287.85	270.00	290.10	269.40	3.295 times
22 Wed May 2024	268.65	268.50	271.00	265.60	0.799 times
21 Tue May 2024	265.70	270.20	272.70	263.70	0.858 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 282.2, but if it comes below 282.2, then a intra day sell could be more profitable.
If you take a sell trade below 282.2, then use 282.2 as stoploss and 273.36 as target. However if you take a buy trade in stock , then use 282.2 as stoploss and 292.8 as target.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	253.00
Downside Target	263.70
Downside Target	272.10
Upside Target	289.35
Upside Target	292.55
Upside Target	293.95
Upside Target	297.30
Upside Target	300.00
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	276.35
Downside Intraday Target	269.7
Upside Intraday Target	290.25
Upside Intraday Target	297.5
Upside Intraday Target	283.6

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	283.00	278.00	290.85	276.95	0.598 times
31 Fri May 2024	273.55	288.80	293.95	272.10	0.486 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

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
03 Mon Jun 2024	283.00	278.00	290.85	276.95	0.064 times
31 Fri May 2024	273.55	297.80	300.00	253.00	2.452 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 weakening, and bulls are picking up momentum!

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 buy signal for Bharat Wire in short term and BUY 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 282.05 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.