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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)

10 day averaged volume of Bharat Wire is 877088

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	305.95	304.85	311.00	302.80	0.163 times
24 Wed Apr 2024	300.95	302.70	308.30	300.00	0.108 times
23 Tue Apr 2024	302.05	308.75	312.60	298.00	0.197 times
22 Mon Apr 2024	304.45	292.55	305.15	292.55	0.087 times
18 Thu Jan 2024	371.20	371.00	375.75	360.90	0.368 times
17 Wed Jan 2024	371.65	385.00	385.00	367.10	0.528 times
16 Tue Jan 2024	391.05	396.00	399.70	378.25	0.655 times
15 Mon Jan 2024	396.00	393.95	399.15	383.00	0.674 times
12 Fri Jan 2024	395.15	390.80	400.60	383.30	0.759 times
11 Thu Jan 2024	386.90	384.00	389.95	375.70	3.166 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 298.6 as stoploss in an intra day buy trade for a target of 335.88. However, stock will show a bearish move below 298.6.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	231.55
Downside Target	253.80
Downside Target	281.00
Downside Target	292.55
Upside Target	312.60
Upside Target	321.00
Upside Target	332.75
Upside Target	343.45
Upside Target	360.90
Upside Target	399.70
Upside Target	400.60

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	294.8
Downside Intraday Target	283.65
Upside Intraday Target	314.85
Upside Intraday Target	323.75
Downside Intraday Target	303.7

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	305.95	292.55	312.60	292.55	0.249 times
18 Thu Jan 2024	371.20	393.95	399.70	360.90	0.218 times
12 Fri Jan 2024	395.15	309.75	400.60	303.25	6.078 times
05 Fri Jan 2024	308.85	309.00	321.00	300.00	1.098 times
29 Fri Dec 2023	309.00	316.95	332.75	302.35	0.486 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
25 Thu Apr 2024	305.95	292.55	312.60	292.55	0.039 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
30 Thu Nov 2023	283.50	255.25	301.90	253.80	0.87 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Bharat Wire in short term but the sell signal is initial and weak.

Bharat Wire Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Wire in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 380.18 and Bharat Wire (BHARATWIRE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.