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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 2024-03-22 View latest technical analysis

10 day averaged volume of Bharat Wire is 165580

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	278.15	273.45	280.00	269.00	1.128 times
21 Thu Mar 2024	271.65	273.95	276.00	268.00	1.148 times
20 Wed Mar 2024	269.60	277.05	283.85	265.05	0.872 times
19 Tue Mar 2024	274.00	285.90	285.90	271.05	0.703 times
18 Mon Mar 2024	281.90	288.00	292.00	277.50	0.785 times
15 Fri Mar 2024	288.00	270.00	291.80	268.35	1.255 times
14 Thu Mar 2024	279.25	258.20	279.80	255.55	1.003 times
13 Wed Mar 2024	267.35	281.95	288.85	267.35	0.961 times
12 Tue Mar 2024	281.40	289.00	292.00	280.45	1.802 times
11 Mon Mar 2024	295.20	301.20	306.95	290.10	0.912 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 276.7 as stoploss in an intra day buy trade for a target of 295.41. However, stock will show a bearish move below 276.7.

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	264.8
Downside Intraday Target	251.45
Upside Intraday Target	291.75
Upside Intraday Target	305.35
Upside Intraday Target	278.4

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	278.15	288.00	292.00	265.05	0.781 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
22 Fri Mar 2024	278.15	314.90	329.00	255.55	1.019 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 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 SELL. Signal strength is Strong 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 279.06 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.