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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 2024-02-21 View latest technical analysis

10 day averaged volume of Bharat Road is 419153

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	78.60	79.55	81.00	78.00	0.43 times
20 Tue Feb 2024	79.55	80.30	81.85	78.90	0.54 times
19 Mon Feb 2024	80.25	78.90	80.30	74.00	1.167 times
16 Fri Feb 2024	76.50	76.00	76.50	75.05	1.097 times
15 Thu Feb 2024	72.90	71.05	72.90	71.05	0.453 times
14 Wed Feb 2024	69.45	65.35	71.00	65.35	2.135 times
13 Tue Feb 2024	68.75	69.25	70.15	68.75	0.388 times
12 Mon Feb 2024	72.35	78.70	80.50	72.35	1.197 times
09 Fri Feb 2024	80.35	87.80	89.25	80.35	1.418 times
08 Thu Feb 2024	89.25	93.00	93.45	88.60	0.621 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 75.5 as stoploss in an intra day buy trade for a target of 83.76. However, stock will show a bearish move below 75.5.

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	37.45
Downside Target	39.50
Downside Target	41.05
Downside Target	44.00
Downside Target	49.10
Downside Target	50.40
Downside Target	58.40
Downside Target	64.85
Downside Target	74.00
Upside Target	80.35
Upside Target	86.30
Upside Target	92.00
Upside Target	95.75
Upside Target	97.00
Upside Target	98.50

Intraday share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Intraday Target	74.45
Downside Intraday Target	70.3
Upside Intraday Target	82.3
Upside Intraday Target	86
Downside Intraday Target	78.15

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	78.60	78.90	81.85	74.00	0.406 times
16 Fri Feb 2024	76.50	78.70	80.50	65.35	0.967 times
09 Fri Feb 2024	80.35	92.05	95.75	80.35	0.555 times
02 Fri Feb 2024	91.50	87.00	98.50	86.30	0.379 times
25 Thu Jan 2024	85.80	66.15	92.00	64.85	7.352 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 Road (BRNL)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed Feb 2024	78.60	94.90	97.00	65.35	0.223 times
31 Wed Jan 2024	93.60	51.00	98.50	50.40	2.856 times
29 Fri Dec 2023	49.85	43.25	58.40	41.05	4.36 times
30 Thu Nov 2023	42.70	40.35	44.00	39.50	0.355 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)

Price action analysis of Bharat Road ( (BRNL) ) 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 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 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.

ADX buy sell signal for Bharat Road stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Bharat Road 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Road 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 negative zone. This is the SELL zone

Stock of Bharat Road is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 76.04 and Bharat Road (BRNL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.