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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)

10 day averaged volume of Bharat Wire is 74666

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	290.65	290.05	294.90	286.00	0.57 times
18 Thu Apr 2024	295.55	295.95	305.00	289.00	0.873 times
16 Tue Apr 2024	293.05	295.95	300.00	290.00	0.733 times
15 Mon Apr 2024	296.15	290.10	302.80	287.70	0.835 times
12 Fri Apr 2024	302.80	308.00	310.00	301.00	0.421 times
10 Wed Apr 2024	308.20	302.55	310.00	300.00	0.646 times
09 Tue Apr 2024	303.65	310.00	310.00	300.10	0.756 times
08 Mon Apr 2024	310.25	317.00	319.00	308.00	0.543 times
05 Fri Apr 2024	317.70	317.85	322.00	305.00	1.253 times
04 Thu Apr 2024	313.90	317.20	321.00	305.25	1.22 times

My analysis of stock is bearish for shortterm, and stock might move down till 278.5 or till 260.3. Use a stoploss of 293.63 and if the stock hits stoploss, then it can shoot up till 308.77

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	286.00
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	282.77
Downside Intraday Target	274.88
Upside Intraday Target	301.77
Upside Intraday Target	312.88
Upside Intraday Target	293.88

Weekly technical analysis of Bharat Wire (BHARATWIRE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	290.65	290.10	305.00	286.00	1.272 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
19 Fri Apr 2024	290.65	275.20	322.00	275.20	0.382 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 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 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 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 304.64 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.