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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 2024-06-12 View latest technical analysis

10 day averaged volume of Bharat Wire is 294040

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	272.00	272.50	277.95	268.30	0.612 times
11 Tue Jun 2024	276.60	232.35	279.80	232.35	3.139 times
10 Mon Jun 2024	272.30	268.40	275.00	268.40	0.473 times
07 Fri Jun 2024	268.20	267.00	271.00	264.30	0.546 times
06 Thu Jun 2024	264.50	253.80	270.50	252.00	0.857 times
05 Wed Jun 2024	244.50	245.25	252.10	229.00	0.886 times
04 Tue Jun 2024	241.65	280.15	280.15	228.10	2.013 times
03 Mon Jun 2024	283.00	278.00	290.85	276.95	1.161 times
31 Fri May 2024	273.55	278.00	280.10	272.10	0.247 times
30 Thu May 2024	276.55	281.80	287.00	275.40	0.457 times

My analysis of stock is bearish for shortterm, and stock might move down till 260.1 or till 245.7. Use a stoploss of 272.14 and if the stock hits stoploss, then it can shoot up till 284.16

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	228.10
Downside Target	253.00
Downside Target	263.70
Upside Target	272.10
Upside Target	290.85
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	242.97
Downside Intraday Target	213.93
Upside Intraday Target	290.42
Upside Intraday Target	308.83
Downside Intraday Target	261.38

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	272.00	268.40	279.80	232.35	0.773 times
07 Fri Jun 2024	268.20	278.00	290.85	228.10	2.813 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

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
12 Wed Jun 2024	272.00	278.00	290.85	228.10	0.536 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 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 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 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 to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Bharat Wire stock for short term is SELL. 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 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 coming down

CCI has generated a buy signal for Bharat Wire in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 265.83 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 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.