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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 2024-03-05 View latest technical analysis

10 day averaged volume of Bharat Wire is 68177

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	308.20	314.95	315.00	301.60	0.942 times
04 Mon Mar 2024	315.00	321.85	328.50	310.50	1.006 times
02 Sat Mar 2024	321.85	321.90	329.00	315.00	0.132 times
01 Fri Mar 2024	316.80	314.90	317.00	302.40	1.907 times
29 Thu Feb 2024	302.40	308.05	313.35	295.00	1.029 times
28 Wed Feb 2024	308.05	324.65	324.65	305.60	1.683 times
27 Tue Feb 2024	321.65	324.80	329.80	320.00	0.82 times
26 Mon Feb 2024	324.80	330.00	330.00	322.10	0.34 times
23 Fri Feb 2024	328.00	322.10	333.00	320.10	0.711 times
22 Thu Feb 2024	326.45	327.90	331.95	318.00	1.018 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 314.5, but if it comes above 314.5, then a intra day buy could be more profitable.
If you take a sell trade below 314.5, then use 314.5 as stoploss and 302.2 as target. However if you take a buy trade in stock , then use 314.5 as stoploss and 324.78 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	295.00
Downside Target	301.60
Upside Target	311.55
Upside Target	330.00
Upside Target	344.10
Upside Target	344.60
Upside Target	346.00
Upside Target	350.95
Upside Target	360.00
Upside Target	388.00

Intraday share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Intraday Target	297.03
Downside Intraday Target	285.87
Upside Intraday Target	323.93
Upside Intraday Target	339.67
Upside Intraday Target	312.77

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	308.20	321.85	328.50	301.60	0.33 times
02 Sat Mar 2024	321.85	330.00	330.00	295.00	0.906 times
23 Fri Feb 2024	328.00	328.20	344.60	317.00	0.802 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

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
05 Tue Mar 2024	308.20	314.90	329.00	301.60	0.123 times
29 Thu Feb 2024	302.40	354.95	360.00	295.00	2.07 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

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_BE)

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 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 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 SELL. Signal strength is Strong and stock is gaining 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. Bears 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 but buying is losing 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 315.31 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 negative.

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