Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-11 View latest technical analysis

10 day averaged volume of Bharat Road is 116230

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	48.38	51.39	51.39	48.12	0.865 times
10 Tue Sep 2024	49.84	48.35	49.85	47.66	0.778 times
09 Mon Sep 2024	47.48	47.15	47.98	46.31	0.696 times
06 Fri Sep 2024	46.84	48.49	48.99	46.00	0.806 times
05 Thu Sep 2024	48.16	48.98	48.99	47.31	0.645 times
04 Wed Sep 2024	48.67	49.45	49.45	48.50	0.392 times
03 Tue Sep 2024	49.22	50.00	50.00	48.60	0.416 times
02 Mon Sep 2024	49.72	49.26	51.75	49.00	0.76 times
14 Thu Mar 2024	58.80	56.00	58.80	53.55	1.525 times
13 Wed Mar 2024	56.00	59.55	59.55	56.00	1.502 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.2, but if it comes above 49.2, then a intra day buy could be more profitable.
If you take a sell trade below 49.2, then use 49.2 as stoploss and 36.1 as target. However if you take a buy trade in stock , then use 49.2 as stoploss and 60 as target.

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	41.05
Downside Target	46.00
Upside Target	50.40
Upside Target	53.55
Upside Target	58.40
Upside Target	64.50
Upside Target	67.90
Upside Target	69.60
Upside Target	79.80
Upside Target	80.40
Upside Target	97.00
Upside Target	98.50

Intraday share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Intraday Target	46
Downside Intraday Target	43.61
Upside Intraday Target	51.08
Upside Intraday Target	53.77
Upside Intraday Target	48.69

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	48.38	47.15	51.39	46.31	0.775 times
06 Fri Sep 2024	46.84	49.26	51.75	46.00	0.297 times
14 Thu Mar 2024	58.80	66.90	67.90	53.55	1.042 times
07 Thu Mar 2024	64.70	79.80	79.80	64.50	1.27 times
02 Sat Mar 2024	77.40	78.90	80.40	69.60	0.795 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
11 Wed Sep 2024	48.38	49.26	51.75	46.00	0.249 times
14 Thu Mar 2024	58.80	74.80	79.80	53.55	0.328 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 Road stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red cloud Prices appear to be coming down

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 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 51.71 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.