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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 2024-03-21 View latest technical analysis

10 day averaged volume of Bharat Wire is 160587

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	271.65	273.95	276.00	268.00	1.184 times
20 Wed Mar 2024	269.60	277.05	283.85	265.05	0.9 times
19 Tue Mar 2024	274.00	285.90	285.90	271.05	0.725 times
18 Mon Mar 2024	281.90	288.00	292.00	277.50	0.809 times
15 Fri Mar 2024	288.00	270.00	291.80	268.35	1.294 times
14 Thu Mar 2024	279.25	258.20	279.80	255.55	1.034 times
13 Wed Mar 2024	267.35	281.95	288.85	267.35	0.991 times
12 Tue Mar 2024	281.40	289.00	292.00	280.45	1.858 times
11 Mon Mar 2024	295.20	301.20	306.95	290.10	0.94 times
07 Thu Mar 2024	305.35	296.95	308.00	295.00	0.577 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 278.3, but if it comes above 278.3, then a intra day buy could be more profitable.
If you take a sell trade below 278.3, then use 278.3 as stoploss and 254.8 as target. However if you take a buy trade in stock , then use 278.3 as stoploss and 297.9 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	255.55
Downside Target	265.05
Upside Target	292.00
Upside Target	306.95
Upside Target	317.00
Upside Target	328.50
Upside Target	330.00
Upside Target	344.10
Upside Target	344.60
Upside Target	360.00
Upside Target	388.00

Intraday share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Intraday Target	260.47
Downside Intraday Target	249.28
Upside Intraday Target	287.42
Upside Intraday Target	303.18
Upside Intraday Target	276.23

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	271.65	288.00	292.00	265.05	0.591 times
15 Fri Mar 2024	288.00	301.20	306.95	255.55	2.686 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

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 Thu Mar 2024	271.65	314.90	329.00	255.55	0.934 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Wire ( (BHARATWIRE_BE) ) 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_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 red color and prices are below the red cloud Prices appear to be moving up

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 280.63 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.