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(BHARATWIRE_BE) Bharat Wire complete technical analysis [charts+indicators] | Buy/Sell Bharat Wire | (BHARATWIRE_BE) share price targets

Complete technical analysis of Bharat Wire (BHARATWIRE_BE) by charts plus indicators, forecast predictions and share price targets for Bharat Wire (BHARATWIRE_BE)

Showing technical analysis as on 2024-02-21 View latest technical analysis

10 day averaged volume of Bharat Wire is 102175

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	328.00	330.90	333.95	325.00	0.904 times
20 Tue Feb 2024	330.90	334.85	337.80	329.30	0.476 times
19 Mon Feb 2024	337.80	328.20	344.60	317.00	1.822 times
16 Fri Feb 2024	328.20	340.00	344.90	325.00	0.5 times
15 Thu Feb 2024	338.45	346.00	346.00	333.00	0.885 times
14 Wed Feb 2024	340.45	325.10	345.00	325.10	1.491 times
13 Tue Feb 2024	330.30	319.90	338.75	311.55	1.221 times
12 Mon Feb 2024	322.65	325.20	326.65	318.05	1.334 times
09 Fri Feb 2024	328.95	343.00	343.00	322.55	0.92 times
08 Thu Feb 2024	336.70	340.80	350.00	332.00	0.666 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 328.7, but if it comes above 328.7, then a intra day buy could be more profitable.
If you take a sell trade below 328.7, then use 328.7 as stoploss and 312.5 as target. However if you take a buy trade in stock , then use 328.7 as stoploss and 342.17 as target.

Share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Target	61.00
Downside Target	67.00
Downside Target	72.70
Downside Target	85.35
Downside Target	311.55
Upside Target	338.50
Upside Target	344.60
Upside Target	346.00
Upside Target	350.95
Upside Target	360.00
Upside Target	369.95
Upside Target	388.00

Intraday share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Intraday Target	315.13
Downside Intraday Target	302.27
Upside Intraday Target	342.73
Upside Intraday Target	357.47
Upside Intraday Target	329.87

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	328.00	328.20	344.60	317.00	0.589 times
16 Fri Feb 2024	328.20	325.20	346.00	311.55	0.881 times
09 Fri Feb 2024	328.95	346.00	350.95	322.55	1.053 times
02 Fri Feb 2024	344.60	360.30	369.95	338.50	0.869 times
25 Thu Jan 2024	360.30	377.00	388.00	344.10	4.72 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	328.00	354.95	360.00	311.55	1.713 times
31 Wed Jan 2024	354.95	375.00	388.00	344.10	7.47 times
11 Mon Oct 2021	66.35	62.00	67.00	61.00	0.105 times
30 Thu Sep 2021	61.90	67.00	72.70	61.00	1.19 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_BE)

Price action analysis of Bharat Wire ( (BHARATWIRE_BE) ) 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_BE) ) 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_BE) ) based on a short to mid 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_BE) ) based on a mid to longer 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.

ADX buy sell signal for Bharat Wire stock for short term is BUY. 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 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 stronger in this stock.

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

CCI has generated a SELL signal for Bharat Wire in short term and SELL 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 332.84 and Bharat Wire (BHARATWIRE_BE) 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_BE) stock. Volume based technical analysis of Bharat Wire (BHARATWIRE_BE) stock is negative.

Bharat Wire Stock has given negative 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.