logo munafa.org
NEWS Gainers Losers
 Learn then Earn

(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)

10 day averaged volume of Bharat Wire is 116928

Date Daily Closing Price Open High Low Volume
24 Wed Feb 2021 43.15 41.10 43.15 40.00 0.26 times
23 Tue Feb 2021 41.10 42.40 42.40 39.50 0.31 times
22 Mon Feb 2021 41.55 45.85 45.85 41.55 0.948 times
19 Fri Feb 2021 43.70 39.70 43.70 39.70 1.207 times
18 Thu Feb 2021 39.75 37.00 39.90 37.00 1.773 times
17 Wed Feb 2021 36.30 36.90 39.00 36.10 3.886 times
16 Tue Feb 2021 36.80 36.50 37.50 36.00 0.353 times
15 Mon Feb 2021 36.60 34.00 37.50 34.00 0.887 times
12 Fri Feb 2021 34.15 34.80 35.05 33.80 0.212 times
11 Thu Feb 2021 34.70 35.90 36.30 34.05 0.174 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 44, for a target of 40 or 36.55

Share price targets for Bharat Wire (BHARATWIRE)

Target Type Value
Downside Target 22.00
Downside Target 24.80
Downside Target 26.05
Downside Target 28.90
Downside Target 30.60
Downside Target 33.30
Downside Target 36.75
Downside Target 38.40
Downside Target 39.45
Downside Target 39.50
Upside Target 43.70
Upside Target 45.85

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type Value
Downside Intraday Target 39.82
Downside Intraday Target 36.48
Upside Intraday Target 46.17
Upside Intraday Target 49.18
Downside Intraday Target 42.83

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date Weekly Closing Price Open High Low Volume
24 Wed Feb 2021 43.15 45.85 45.85 39.50 0.187 times
19 Fri Feb 2021 43.70 34.00 43.70 34.00 1.051 times
12 Fri Feb 2021 34.15 34.60 38.40 33.70 3.886 times
05 Fri Feb 2021 34.50 32.45 36.75 30.95 4.583 times
29 Fri Jan 2021 32.45 32.10 33.30 30.60 0.488 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
24 Wed Feb 2021 43.15 32.45 45.85 30.95 3.821 times
29 Fri Jan 2021 32.45 37.35 39.45 30.60 0.607 times
31 Thu Dec 2020 36.80 27.20 37.35 26.05 3.2 times
27 Fri Nov 2020 27.10 23.85 28.90 22.00 1.164 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Bharat Wire (BHARATWIRE)

Indicator Name Indicator Value Indicator Signal
ADX 37, 12, 51 Buy
MACD 4, 3Buy
Stochastics 68None
CCI 82Buy
RSI 64Buy
OBV 795938Sell
VWAP 39Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

Price action analysis of Bharat Wire ( (BHARATWIRE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Wire in short term and the buy signal is strong.

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. Bulls are getting tired and bears 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 positive zone. This is a BUY 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 38.6 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 positive

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

Click here for Bharat Wire charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn