Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-11 View latest technical analysis

10 day averaged volume of Bharat Wire is 76867

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	295.20	301.20	306.95	290.10	1.964 times
07 Thu Mar 2024	305.35	296.95	308.00	295.00	1.206 times
06 Wed Mar 2024	297.50	308.20	308.20	292.80	1.823 times
05 Tue Mar 2024	308.20	314.95	315.00	301.60	0.835 times
04 Mon Mar 2024	315.00	321.85	328.50	310.50	0.893 times
02 Sat Mar 2024	321.85	321.90	329.00	315.00	0.117 times
01 Fri Mar 2024	316.80	314.90	317.00	302.40	1.691 times
29 Thu Feb 2024	302.40	308.05	313.35	295.00	0.913 times
28 Wed Feb 2024	308.05	324.65	324.65	305.60	1.493 times
27 Tue Feb 2024	321.65	324.80	329.80	320.00	0.727 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 291.1, for a target of 307 or 320.27

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	290.10
Upside Target	306.95
Upside Target	328.50
Upside Target	329.00
Upside Target	330.00
Upside Target	344.10
Upside Target	344.60
Upside Target	346.00
Upside Target	360.00
Upside Target	388.00

Intraday share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Intraday Target	287.88
Downside Intraday Target	280.57
Upside Intraday Target	304.73
Upside Intraday Target	314.27
Upside Intraday Target	297.42

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	295.20	301.20	306.95	290.10	0.413 times
07 Thu Mar 2024	305.35	321.85	328.50	292.80	0.908 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

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
11 Mon Mar 2024	295.20	314.90	329.00	290.10	0.296 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 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_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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 306.31 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.