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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 2024-04-18 View latest technical analysis

10 day averaged volume of Bharat Wire is 85604

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	295.55	295.95	305.00	289.00	0.762 times
16 Tue Apr 2024	293.05	295.95	300.00	290.00	0.639 times
15 Mon Apr 2024	296.15	290.10	302.80	287.70	0.728 times
12 Fri Apr 2024	302.80	308.00	310.00	301.00	0.368 times
10 Wed Apr 2024	308.20	302.55	310.00	300.00	0.563 times
09 Tue Apr 2024	303.65	310.00	310.00	300.10	0.66 times
08 Mon Apr 2024	310.25	317.00	319.00	308.00	0.473 times
05 Fri Apr 2024	317.70	317.85	322.00	305.00	1.093 times
04 Thu Apr 2024	313.90	317.20	321.00	305.25	1.064 times
03 Wed Apr 2024	315.65	315.90	318.50	312.05	2.372 times

My analysis of stock is bullish for shortterm, and stock might move up till 308.5 or till 326.9. Use a stoploss of 293.19 and if this stock hits its stoploss, then it can fall down till 277.85

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	287.70
Upside Target	319.00
Upside Target	322.00
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	287.17
Downside Intraday Target	278.78
Upside Intraday Target	304.47
Upside Intraday Target	313.38
Upside Intraday Target	296.08

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	295.55	290.10	305.00	287.70	1.031 times
12 Fri Apr 2024	302.80	317.00	319.00	300.00	0.274 times
05 Fri Apr 2024	317.70	275.20	322.00	275.20	1.333 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

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
18 Thu Apr 2024	295.55	275.20	322.00	275.20	0.366 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 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 neutral. A longer time frame might give a better analysis.

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 Weak 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 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 308.43 and Bharat Wire (BHARATWIRE_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 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.