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 2024-04-04 View latest technical analysis

10 day averaged volume of Bharat Wire is 158047

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	313.90	317.20	321.00	305.25	0.576 times
03 Wed Apr 2024	315.65	315.90	318.50	312.05	1.285 times
02 Tue Apr 2024	303.35	297.00	303.35	292.50	1.105 times
01 Mon Apr 2024	288.95	275.20	288.95	275.20	0.518 times
28 Thu Mar 2024	275.20	283.35	288.95	273.65	0.827 times
27 Wed Mar 2024	283.35	285.00	288.00	281.00	0.906 times
26 Tue Mar 2024	280.70	279.85	289.90	279.00	1.325 times
22 Fri Mar 2024	278.15	273.45	280.00	269.00	1.181 times
21 Thu Mar 2024	271.65	273.95	276.00	268.00	1.203 times
20 Wed Mar 2024	269.60	277.05	283.85	265.05	0.914 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 320, for a target of 302.5 or 287.93

Share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Target	61.00
Downside Target	67.00
Downside Target	255.55
Downside Target	265.05
Downside Target	273.65
Downside Target	289.90
Downside Target	306.95
Upside Target	321.00
Upside Target	328.50
Upside Target	329.00
Upside Target	344.10
Upside Target	360.00
Upside Target	388.00

Intraday share price targets for Bharat Wire (BHARATWIRE_BE)

Target Type	Value
Downside Intraday Target	285.73
Downside Intraday Target	257.57
Upside Intraday Target	331.53
Upside Intraday Target	349.17
Downside Intraday Target	303.37

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	313.90	275.20	321.00	275.20	1.14 times
28 Thu Mar 2024	275.20	279.85	289.90	273.65	0.63 times
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

Price has moved up 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
04 Thu Apr 2024	313.90	275.20	321.00	275.20	0.201 times
28 Thu Mar 2024	275.20	314.90	329.00	255.55	1.237 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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Bharat Wire ( (BHARATWIRE_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Bharat Wire in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Wire Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Bharat Wire in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 287.52 and Bharat Wire (BHARATWIRE_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.