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(BRNL) Bharat Road complete technical analysis [charts+indicators] | Buy/Sell Bharat Road | (BRNL) share price targets

Complete technical analysis of Bharat Road (BRNL) by charts plus indicators, forecast predictions and share price targets for Bharat Road (BRNL)

Showing technical analysis as on 2021-02-23 View latest technical analysis

10 day averaged volume of Bharat Road is 60954

Date Daily Closing Price Open High Low Volume
23 Tue Feb 2021 32.50 32.20 32.85 32.20 0.443 times
22 Mon Feb 2021 32.35 32.50 32.95 32.05 0.743 times
19 Fri Feb 2021 32.75 33.55 34.05 32.45 1.237 times
18 Thu Feb 2021 33.55 32.70 34.90 32.55 2.436 times
17 Wed Feb 2021 32.70 32.75 33.30 32.55 0.647 times
16 Tue Feb 2021 32.50 32.85 33.10 32.25 0.748 times
15 Mon Feb 2021 32.95 33.35 33.90 32.80 0.974 times
12 Fri Feb 2021 33.05 32.80 33.80 32.45 1.103 times
11 Thu Feb 2021 32.95 32.95 33.20 32.80 0.563 times
10 Wed Feb 2021 32.85 33.05 33.05 32.65 0.524 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.6, but if it comes above 32.6, then a intra day buy could be more profitable.
If you take a sell trade below 32.6, then use 32.6 as stoploss and 32 as target. However if you take a buy trade in stock , then use 32.6 as stoploss and 33.02 as target.

Share price targets for Bharat Road (BRNL)

Target Type Value
Downside Target 28.00
Downside Target 29.85
Downside Target 32.05
Upside Target 34.10
Upside Target 34.40
Upside Target 34.90
Upside Target 35.70
Upside Target 36.05
Upside Target 38.20
Upside Target 38.35

Intraday share price targets for Bharat Road (BRNL)

Target Type Value
Downside Intraday Target 32.05
Downside Intraday Target 31.6
Upside Intraday Target 32.95
Upside Intraday Target 33.4
Downside Intraday Target 32.5

Weekly technical analysis of Bharat Road (BRNL)

Date Weekly Closing Price Open High Low Volume
23 Tue Feb 2021 32.50 32.50 32.95 32.05 0.196 times
19 Fri Feb 2021 32.75 33.35 34.90 32.25 1.332 times
12 Fri Feb 2021 33.05 33.65 34.10 32.45 0.363 times
05 Fri Feb 2021 33.15 32.40 35.70 32.40 1.761 times
29 Fri Jan 2021 32.60 33.90 34.40 32.40 0.804 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 Road (BRNL)

Date Monthly Closing Price Open High Low Volume
23 Tue Feb 2021 32.50 32.40 35.70 32.05 0.421 times
29 Fri Jan 2021 32.60 36.75 38.35 32.40 0.31 times
31 Thu Dec 2020 37.30 30.00 38.20 29.85 7.311 times
27 Fri Nov 2020 30.15 29.35 36.05 28.00 7.624 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 Road (BRNL)

Indicator Name Indicator Value Indicator Signal
ADX 23, 13, 29 Buy
MACD -0, -0Sell
Stochastics 15Sell
CCI -100Buy
RSI 54Buy
OBV -64101Sell
VWAP 33Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Bharat Road ( (BRNL) ) 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 Road ( (BRNL) ) 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 Road ( (BRNL) ) 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 Road ( (BRNL) ) based on a mid to longer 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

ADX buy sell signal for Bharat Road stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bharat Road in short term and the sell signal is strong.

Bharat Road 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Road 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 Road is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.96 and Bharat Road (BRNL) 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 Road (BRNL) stock. Volume based technical analysis of Bharat Road (BRNL) stock is negative.

Bharat Road 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.

Click here for Bharat Road charts

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Daily charts

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Daily chart
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