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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 2024-02-26 View latest technical analysis

10 day averaged volume of Bharat Road is 333250

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	74.75	78.90	80.40	73.70	0.505 times
23 Fri Feb 2024	77.55	80.90	80.90	76.50	0.366 times
22 Thu Feb 2024	78.90	80.05	80.45	76.60	0.317 times
21 Wed Feb 2024	78.60	79.55	81.00	78.00	0.541 times
20 Tue Feb 2024	79.55	80.30	81.85	78.90	0.68 times
19 Mon Feb 2024	80.25	78.90	80.30	74.00	1.468 times
16 Fri Feb 2024	76.50	76.00	76.50	75.05	1.38 times
15 Thu Feb 2024	72.90	71.05	72.90	71.05	0.569 times
14 Wed Feb 2024	69.45	65.35	71.00	65.35	2.686 times
13 Tue Feb 2024	68.75	69.25	70.15	68.75	0.488 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 73.8 as stoploss in an intra day buy trade for a target of 82.02. However, stock will show a bearish move below 73.8.

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	65.35
Downside Target	73.70
Upside Target	80.35
Upside Target	86.30
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	72.17
Downside Intraday Target	69.58
Upside Intraday Target	78.87
Upside Intraday Target	82.98
Upside Intraday Target	76.28

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	74.75	78.90	80.40	73.70	0.15 times
23 Fri Feb 2024	77.55	78.90	81.85	74.00	0.509 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

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
26 Mon Feb 2024	74.75	94.90	97.00	65.35	0.236 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining 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. Bulls are getting stronger in this stock.

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 but buying is losing 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 74.75 and Bharat Road (BRNL) 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 Road (BRNL) stock. Volume based technical analysis of Bharat Road (BRNL) stock is negative.

Bharat Road Stock is giving positive 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.