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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 2024-09-30 View latest technical analysis

10 day averaged volume of Bharat Road is 77392

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	47.03	46.40	47.53	46.26	0.611 times
27 Fri Sep 2024	47.28	47.86	47.86	46.60	0.75 times
26 Thu Sep 2024	46.96	47.53	48.94	46.60	1.217 times
25 Wed Sep 2024	48.14	48.79	48.80	47.71	0.827 times
24 Tue Sep 2024	48.87	49.19	49.99	47.63	1.418 times
23 Mon Sep 2024	48.27	47.00	49.30	47.00	0.84 times
20 Fri Sep 2024	47.58	47.49	48.99	47.45	0.726 times
19 Thu Sep 2024	47.37	48.81	48.94	47.00	1.098 times
18 Wed Sep 2024	48.86	49.20	49.79	48.80	0.704 times
17 Tue Sep 2024	49.30	50.70	51.00	48.81	0.91 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.4, but if it comes above 47.4, then a intra day buy could be more profitable.
If you take a sell trade below 47.4, then use 47.4 as stoploss and 46.3 as target. However if you take a buy trade in stock , then use 47.4 as stoploss and 48.29 as target.

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	41.05
Downside Target	46.00
Upside Target	49.99
Upside Target	51.75
Upside Target	53.55
Upside Target	58.40
Upside Target	65.35
Upside Target	79.80
Upside Target	97.00
Upside Target	98.50

Intraday share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Intraday Target	46.35
Downside Intraday Target	45.67
Upside Intraday Target	47.62
Upside Intraday Target	48.21
Downside Intraday Target	46.94

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	47.03	46.40	47.53	46.26	0.121 times
27 Fri Sep 2024	47.28	47.00	49.99	46.60	1.021 times
20 Fri Sep 2024	47.58	49.45	51.00	47.00	0.963 times
13 Fri Sep 2024	48.89	47.15	51.39	46.31	1.133 times
06 Fri Sep 2024	46.84	49.26	51.75	46.00	0.297 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
30 Mon Sep 2024	47.03	49.26	51.75	46.00	0.628 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 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 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 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 gaining momentum.

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

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Bharat Road in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 48 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.