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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 2024-03-01 View latest technical analysis

10 day averaged volume of Bharat Road is 229272

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	74.80	74.80	74.80	73.60	0.54 times
29 Thu Feb 2024	71.25	74.00	74.80	69.60	0.834 times
28 Wed Feb 2024	73.25	72.50	75.85	72.25	0.93 times
27 Tue Feb 2024	72.25	74.00	74.55	71.80	0.596 times
26 Mon Feb 2024	74.75	78.90	80.40	73.70	0.734 times
23 Fri Feb 2024	77.55	80.90	80.90	76.50	0.532 times
22 Thu Feb 2024	78.90	80.05	80.45	76.60	0.461 times
21 Wed Feb 2024	78.60	79.55	81.00	78.00	0.786 times
20 Tue Feb 2024	79.55	80.30	81.85	78.90	0.988 times
19 Mon Feb 2024	80.25	78.90	80.30	74.00	2.133 times

My analysis of stock is bearish for shortterm, and stock might move down till 71.2 or till 62.9. Use a stoploss of 78.12 and if the stock hits stoploss, then it can shoot up till 85.04

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	39.50
Downside Target	41.05
Downside Target	44.00
Downside Target	50.40
Downside Target	58.40
Downside Target	65.35
Downside Target	69.60
Downside Target	73.60
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	69.47
Downside Intraday Target	64.13
Upside Intraday Target	80.27
Upside Intraday Target	85.73
Upside Intraday Target	74.93

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	74.80	78.90	80.40	69.60	0.741 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
01 Fri Mar 2024	74.80	74.80	74.80	73.60	0.016 times
29 Thu Feb 2024	71.25	94.90	97.00	65.35	0.254 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

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 Road (BRNL)

Price action analysis of Bharat Road ( (BRNL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bharat Road ( (BRNL) ) 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 Road ( (BRNL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 76.76 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 positive

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